U.s. Fed Awards Most Reverse Repos In Over Four Weeks

NEW YORK (Reuters) - The U.S. Federal Reserve awarded $186.28 billion in fixed-rate reverse repurchase agreements on Friday, the highest amount in more than four weeks, due to strong investor demand for ultra short-dated, risk-free assets at month-end.

BING NEWS:
  • Fed's reverse repo facility plummets to lowest level in nearly three years
    A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday. The U.S. central bank's reverse repo facility took in $327.1 billion, down $80.
    04/15/2024 - 6:55 am | View Link
  • Fed's reverse repo facility shrinks rapidly, lowest in nearly three years
    A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday. The Federal Reserve's reverse repo facility took in $327.1 billion, down by $80 ...
    04/15/2024 - 6:41 am | View Link
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