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Fed Overnight Reverse Repo Usage Falls to $851 Million
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According to a report from Cailianshe on September 29, the usage of the Federal Reserve's overnight reverse repurchase agreement (RRP) facility stood at $851 million on Monday, September 28. This figure represents the amount of cash parked at the Fed by eligible counterparties through the RRP tool, which is used to help control short-term interest rates and absorb excess liquidity in the financial system. The data point provides a snapshot of money market conditions and demand for the Fed's overnight operations.
Source report
Date: September 29 (Reuters) — On Monday, September 28, the usage of the Federal Reserve's overnight reverse repurchase agreement (RRP) facility stood at $851 million.
Source
财联社Neutral / independent
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