The intervention came in two parts. One was via overnight repurchase agreements totalling $76.943 billion. The other came from a 14-day repo totaling $34.966 billion. Eligible banks sought less liquidity than the Fed was willing to offer.
Views:
A fine selection of independent media sources
The intervention came in two parts. One was via overnight repurchase agreements totalling $76.943 billion. The other came from a 14-day repo totaling $34.966 billion. Eligible banks sought less liquidity than the Fed was willing to offer.