Infographics: The Mechanics of the Fed's RRP Facility
the mechanics of the Fed's reverse repo (RRP) facility, plus the Fed's repo hierarchy, in dark and light mode
— created for: The Reverse Repo Endgame
— created for: The Reverse Repo Endgame
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Hi Conks, quality stuff as always. I see Barclays being referred in a lot of these visuals so I just wanna know about a couple things:
1. Why is Barclays being mentioned under primary dealer instead of Foreign bank? Aren't they British? Or are they bigger than the existing US players in the field, therefore warranting separate mention?
2. Does Barclays have any "unique" characteristics, like how Triparty is dealt only by BNY?
Thanks, and please keep up the good work!