• RRP uptake edged higher to $2.191T today from Friday’s $2.186T.
  • It holds above end-Feb levels and any potential month-end boost they might have had as it continues a trend increase seen since mid-Feb and defies prior expectations of a levelling out of usage.
  • The latest nudge higher comes despite a drop to 101 counterparties (-2).

FED: Reverse Repo Uptake Confirms Recent Trend Increase

Last updated at:Mar-06 20:00By: Chris Harrison
  • RRP uptake edged higher to $2.191T today from Friday’s $2.186T.
  • It holds above end-Feb levels and any potential month-end boost they might have had as it continues a trend increase seen since mid-Feb and defies prior expectations of a levelling out of usage.
  • The latest nudge higher comes despite a drop to 101 counterparties (-2).

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