ECB and Fed Report Billions Borrowed and Deposited in High Activity Repo Operations

Central banks and financial institutions have been active in borrowing and depositing large amounts of money through various repo operations. The European Central Bank (ECB) and the Federal Reserve have seen significant activity, with billions of euros and dollars being borrowed and deposited. The ECB reported varying amounts borrowed and deposited over consecutive days, while the Federal Reserve had a high demand for short-term borrowing, with record numbers of counterparties participating in reverse repo operations.