Liquidity Shortage Eases: Fed Accepts Only $49BN In Final, Underscubscribed Term Repo

• Liquidity Shortage Eases: Fed Accepts Only $49BN In Final, Underscubscribed Term Repo
  by Tyler Durden, https://www.zerohedge.com/
  One day after the Fed concluded its 2nd upsized, $60BN term repo on Thursday and which was notably oversubscribed – which sparked fresh concerns about dealer funding needs heading into quarter end – moments ago the Fed released the results of the final, third term repo which indicated that while funding tensions remain, they appear to have eased as the Fed accepted “only” $49 billion in the undersubscribed operation, which accepted all $34.55BN in Treasuries and $14.450BN in MBS that were tendered.
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