Federal Reserve Conducts $51.8 Billion Reverse Repo Operation
The U.S. central bank engaged 25 counterparties in its fixed-rate reverse repurchase agreement totaling over $51 billion.
Summary
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Terms & Concepts
Reverse Repurchase Agreement (Reverse Repo): A transaction where the Federal Reserve sells securities to counterparties with an agreement to repurchase them later, used to manage short-term interest rates and liquidity.