ONRRP: Difference between revisions
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imported>Doug Williamson (Update layout.) |
imported>Doug Williamson (Link with Federal Reserve paper.) |
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==See also== | ==See also== | ||
* [[Federal Reserve]] | |||
* [[Reverse repo]] | * [[Reverse repo]] | ||
* [[Reverse repurchase agreement]] | * [[Reverse repurchase agreement]] | ||
Revision as of 17:14, 12 January 2018
Overnight reverse repo.
Note: The US Federal Reserve generally abbreviates to 'ON RRP', with the space, when referring to activity in its overnight fixed-rate reverse repurchase agreement programme, introduced since 2013 as a tool for reducing deposits by monetary institutions (mostly banks) with the central bank. The Fed has opened its programme to non-banks including money funds.
