Repo and Reverse Repo Agreements FEDERAL RESERVE BANK of NEW YORK
In the U.S., standard and reverse repurchase agreements are the most commonly used instruments of open market operations for the Federal Reserve. In July 2021, the FOMC established a Standing Repo Facility (SRF) to serve as a backstop in money markets to support the effective implementation and transmission of monetary policy and smooth market functioning. … Baca Selengkapnya