ONRRP: Difference between revisions
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imported>Doug Williamson (Link with Federal Reserve paper.) |
imported>Doug Williamson m (Add category.) |
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* [[Reverse repo]] | * [[Reverse repo]] | ||
* [[Reverse repurchase agreement]] | * [[Reverse repurchase agreement]] | ||
[[Category:Liquidity_management]] | |||
Latest revision as of 10:48, 27 February 2020
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.
