repo rates and the RRP temporarily spike due to year-end regulatory dates, activating the upper layers of the repo hierarchy (explained in our latest piece). this will unwind at the start of 2024
The recent BTFP uptake is significant, do you believe it will slow the rate of the RRP drawdown?
no since the RRP is used for different purposes
This is awesome. Can you send out more often ?
The recent BTFP uptake is significant, do you believe it will slow the rate of the RRP drawdown?
no since the RRP is used for different purposes
This is awesome. Can you send out more often ?