Federal Reserve Reverse Repo Usage Drops to $453 Million on September 22
The Federal Reserve’s overnight reverse repurchase agreement (RRP) facility usage fell to $453 million on September 22, 2025, from $5.82 billion on September 21, with counterparty participation declining from 15 to 8. The low take-up reflects continued normalization of money market conditions and ample liquidity in the banking system.
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Federal Reserve Accepts $461 Million from 4 Counterparties in Fixed-Rate Reverse Repo
The Federal Reserve conducted a fixed-rate reverse repurchase agreement (RRP) operation, accepting a total of $461 million from four counterparties. This operation is part of the Fed's routine money market tools used to manage short-term interest rates and drain excess liquidity from the banking system. The low participation amount and limited number of counterparties reflect ongoing trends in money market conditions, where the usage of the Fed's reverse repo facility has declined significantly from its peak levels in previous years. The data was reported by financial information provider Jin10.
Federal Reserve Accepts $453 Million from 8 Counterparties in Fixed-Rate Reverse Repo
The Federal Reserve conducted a fixed-rate reverse repurchase agreement (RRP) operation, accepting a total of $453 million from eight counterparties. This operation is part of the Fed's routine monetary policy tools to manage short-term interest rates and drain excess liquidity from the banking system. The low take-up amount, relative to historical levels, reflects the ongoing decline in the usage of the Fed's reverse repo facility as money market conditions have normalized. The data was reported by financial information provider Jin10, based on the New York Fed's daily operational results. No forecasts or opinions are included in the source item.
Read sourceFed Overnight Reverse Repo Usage Falls to $453 Million on September 22
On Tuesday, September 22, the usage of the Federal Reserve's overnight reverse repurchase agreement (RRP) facility stood at $453 million, according to a report from Chinese financial media outlet Cailianshe on September 23. The figure represents the amount of money that money market funds and other eligible counterparties parked at the Fed's overnight reverse repo facility. This data point is a key indicator of short-term liquidity conditions in the U.S. financial system, with lower usage suggesting ample liquidity in the banking system. The report provides a snapshot of the Fed's daily operations in managing the federal funds rate and absorbing excess cash from the financial system.
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Fed Overnight Reverse Repo Facility Usage Stands at $5.82 Billion on September 21
According to a report from CLS (Cailianshe) on September 22, the usage of the Federal Reserve's overnight reverse repurchase agreement (RRP) facility stood at $5.82 billion on Monday, September 21. This figure represents the amount of cash parked at the Fed by money market funds and other eligible counterparties via the RRP tool, which is used to help keep short-term interest rates within the target range set by the Federal Open Market Committee. The data point provides a snapshot of liquidity conditions in the financial system.
Read sourceFederal Reserve Accepts $582 Million from 15 Counterparties in Fixed-Rate Reverse Repo
The Federal Reserve conducted a fixed-rate reverse repurchase agreement (RRP) operation, accepting a total of $582 million from 15 counterparties. This operation is a tool used by the Fed to manage short-term interest rates and absorb excess liquidity from the financial system. The relatively low take-up compared to historical levels indicates continued drainage of cash from the facility as money market conditions normalize. The data, reported by financial information provider Jin10, reflects ongoing adjustments in the Fed's balance sheet and money market operations.