Fed Launches Repo Facility To Provide Dollars To Foreign Central Bank

Mar 31st 2020 8:46am EDT

Fed Launches Repo Facility To Provide Dollars To Foreign Central Bank With US dealers no longer using the Fed’s repo facilities (this morning we had another “no bid” overnight repo with just $250MM in MBS submitted for a $500 billion op) as the Fed soaks up all securities via its aggressive QE which is still […]

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