Term Repo Record Oversubscribed As Market Liquidity Craters

Mar 5th 2020 8:47am EST

Term Repo Record Oversubscribed As Market Liquidity Craters Yesterday, when discussing the most oversubscribed overnight term repo operation yet, in which dealers scrambled to obtain $111.5BN in liquidity from the Fed’s $100BN overnight repo operation, we said that it was “the second day in a row the overnight funding repo operation was oversubscribed (and it […]

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