ONRRP: Difference between revisions
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Overnight reverse repo. | |||
Note | '''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. | ||
==See also== | |||
* [[Reverse repo]] | |||
* [[Reverse repurchase agreement]] | |||
Revision as of 12:26, 10 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.
