as the Fed announced morning repo operations in late december, the year-end turn went from stormy to calm. now, as 2025 begins, it's the debt ceiling's turn to induce volatility in money markets
The FX Swap operations over year end look only to be just over $1B with ECB, does that (relatively) tiny amount for an FX Swap really make any difference ?
Thanks Conks. Why is your LCLoR higher than the Fed's? I know you've talked about this, iirc it's in anticipation of a TGA refill sometime down the road. Was curious if there is any other reason.
The FX Swap operations over year end look only to be just over $1B with ECB, does that (relatively) tiny amount for an FX Swap really make any difference ?
at year-ends no, if this persists then it's probably a concern for the Fed
Thanks Conks. Why is your LCLoR higher than the Fed's? I know you've talked about this, iirc it's in anticipation of a TGA refill sometime down the road. Was curious if there is any other reason.
Cheers.
also intraday liquidity regulations
Can I know the main participants in the TRP/DVP/GCF repo?
And this time SRF Repo was not used, what do you think is the reason for that?
check out the infographics tab for each repo market