Workflow
Interest on Reserve Balances (IORB)
icon
搜索文档
US banks borrow $1.5 billion from Fed's repo facility in sign of minor funding pressure
Yahoo Finance· 2025-09-15 23:49
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -U.S. banks borrowed $1.5 billion from the Federal Reserve's Standing Repo Facility on Monday, the deadline for quarterly corporate tax payments, Fed data showed, suggesting some tightness in meeting funding obligations. The SRF serves as a backstop for any potential funding shortage. Launched in July 2021 in the aftermath of the Covid-19 pandemic, the Fed's SRF offers daily overnight cash twice a day in exchange for eligible collateral like Treasuries. The ...