The use of FRB's main facilities is also trending around 300 billion dollars - City
2024/8/13 8:05 JST (some excerpts)
Deposits to the RRP facility increased to 329 billion dollars on the 12th
Increased issuance of US bonds limits primary dealer balance sheets
As pressure continues in the procurement market for goods the day after the dollar, Citigroup pointed out that there is a possibility that the amount of major facilities used by the US financial authorities will remain around 300 billion dollars (about 44 trillion yen).
Factors such as the issuance of high levels of US bonds and the ability of primary dealers to accept them overlap, and usage amounts have been maintained at almost the same level. Approximately 64 counterparties deposited 329 billion dollars into the next day reverse report (RRP) facility used by banks, government support organizations (GSE), and money market funds (MMF) to earn market interest rates on the 12th. The usage amount has been at a high level since the 2nd.
Deposits to the RRP facility increased to 329 billion dollars on the 12th
Increased issuance of US bonds limits primary dealer balance sheets
As pressure continues in the procurement market for goods the day after the dollar, Citigroup pointed out that there is a possibility that the amount of major facilities used by the US financial authorities will remain around 300 billion dollars (about 44 trillion yen).
Factors such as the issuance of high levels of US bonds and the ability of primary dealers to accept them overlap, and usage amounts have been maintained at almost the same level. Approximately 64 counterparties deposited 329 billion dollars into the next day reverse report (RRP) facility used by banks, government support organizations (GSE), and money market funds (MMF) to earn market interest rates on the 12th. The usage amount has been at a high level since the 2nd.
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