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New York: Fed reverse repo demand (RRPFacilities slowed on Thursday, falling below $2 trillion for the first time since early June last year amid a flood of Treasury issuances after the US debt ceiling was extended a few weeks ago.
The Fed’s reverse repo window attracted $1.992 trillion in overnight reverse repo offers at a rate of 5.05% to 103 bidders, according to data from the Federal Reserve Bank of New York.
The Fed’s reverse repo window attracted $1.992 trillion in overnight reverse repo offers at a rate of 5.05% to 103 bidders, according to data from the Federal Reserve Bank of New York.
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