Federal Reserve Reverse Repo Operations Decline From $213.7B to $150.5B With 24 Counterparties by July 25

The Federal Reserve's reverse repurchase (reverse repo) operations have seen fluctuating participation and amounts over recent days. On July 22, 34 counterparties took $196.374 billion in the reverse repo operation, a decrease from the previous week’s $213.67 billion with 33 bids. The following day, July 23, 30 counterparties took $189.632 billion. On July 24, the New York Federal Reserve accepted the full $132.186 billion of submissions to the reverse repo facility, with 28 counterparties participating. The latest data from July 25 shows 24 counterparties took $150.509 billion in the Fed reverse repo operation. These figures indicate a downward trend in both the number of participants and the total amount involved in the Fed’s reverse repo operations over this period.