Well, yes. This is basically when the bank needs liquidity for operations by lending their collateral, mostly Treasuries, to the Fed overnight. Pay the Fed some interest for the overnight loan then take the collateral back. Bank liquidity operation
Well, yes. This is basically when the bank needs liquidity for operations by lending their collateral, mostly Treasuries, to the Fed overnight. Pay the Fed some interest for the overnight loan then take the collateral back. Bank liquidity operation
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