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The Federal Reserve conducted several reverse repurchase operations with various counterparties, including 65, 67, and 69 participants, taking amounts ranging from $399.4 billion to $413.280 billion. The operations involved cash management bills and overnight facilities, with significant sums being accepted by the New York Fed.
69 counterparties take $399.401b at Fed Reverse Repo Operation. https://t.co/HczMfEnp7A
69 counterparties took a total of $399.401 billion at the Federal Reserve's reverse repurchase operation.
⚠️ NEW YORK FED ACCEPTS $399.4 BLN SUBMITTED TO OVERNIGHT REVERSE REPO FACILITY ON JULY 17