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TechFlow reported that the Federal Reserve accepted $291.958 billion from 60 counterparties in its fixed-rate reverse repo operations, marking the first time since 2021 that the operation size has fallen below $300 billion.
Previous report, the Federal Reserve announced its Treasury bill repurchase operations schedule for August 2024, signaling the upcoming start of liquidity injections.
The Federal Reserve accepted a total of $291.958 billion from 60 counterparties in its fixed-rate reverse repo operations, the lowest level since 2021, falling below $300 billion for the first time. Previously, the Fed announced its Treasury bill reinvestment program schedule for August 2024, signaling the upcoming start of liquidity injections.
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