Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Liquidity Shortage Getting Worse: Fed’s Repo Oversubscribed As Funding Demand Soars 50% Overnight

September 18, 2019 by mosesman
Financial Storm approaches.
  • Liquidity Shortage Getting Worse: Fed’s Repo Oversubscribed As Funding Demand Soars 50% Overnight
    by Tyler Durden, https://www.zerohedge.com/
    20 minutes after today’s repo operation began, it concluded and there was some bad news in it: as we feared, yesterday’s take up of the Fed’s repo operation which peaked at $53.2 billion has expanded substantially, and according to the Fed, today there was a whopping $80.05BN in bids submitted, and increase of $27 billion, or 50% more than yesterday.
    –
    It also meant that since the operation – which is capped at $75BN – was oversubscribed by over $5BN, that there were participants who did not get the last-minute liquidity they needed, and that the Fed will see demands to either expand the size of its operations, or implement a fixed operation and/or transition to permanent open market operations, i.e. QE.
    …
    What is immediately notable is that except for agency paper, there was a greater use of both Treasury ($40.9BN to $51.6BN) and Mortgage-backed ($11.7BN to $27.8BN) collateral. The only silver lining: the step out rate on agency paper dropped from 3.00% to 2.1% however with virtually nobody using that, it is a largely meaningless easing in terms.
    –
    Finally, the worst news is that immediately after the operation, overnight repo remained elevated, with Reuters reporting the rate was 2.25%-2.60% after the latest repo operation, confirming that the liquidity shortage continues with the high end of repo still far above fed funds.
    –
    read more.

end

Post navigation

Previous Post:

Today’s “Watershed” Repo-calypse Is “One Of The Worst Things That Can Happen”

Next Post:

JP Morgan Hit With Rico Indictment, The DOJ Alleges Silver Market Manipulation, Bank Fraud, and…

Pages

  • About

Recent Posts

  • Franklin Graham Reacts to Biden Omitting ‘God’ from National Day of Prayer
  • Israel-US to Simulate Strike on Iran; Turkey Rejects Sweden-Finland NATO’ Bid TV7 Israel News 18.05
  • WHO Tries To Form World Government and Geraldo Rivera Is Exposed
  • Good Morning America Admits Vwac-xine Boosters Destroy Your Immune System
  • City Mayors Working Directly With U.N. as U.S. Government Surrenders Authority to the W.H.O.
  • The Great Reset | Google Co-Founder “Eternal Life? In 10 Years We Have an Implant In Our Brains?”
  • Bill Gates And World Health Organization Drafting A Global Pandemic Treaty Is Nothing Less Than Bringing In The Government That Antichrist Will Require?
  • Third of Global Population Killed in Next War Cycle – Charles Nenner
  • Orbán Warns West is Subjecting Itself to “Suicide Waves” of Decline
  • Situation Update, May 17, 2022: America Will Soon Become an ACTIVE WAR ZONE With Radiological Attacks
  • Fully VWAXCED YOUNG ADULTS Are 92% More LIKELY TO DIE than UNVWAXCED YOUNG ADULTS (Daily-Expose)
  • UN-WHO PLANDEMIC TREATY (Sen. Malcolm AU; Dr. Tess Laurie UK) Forced Jabxbing; Detention Camps +
  • Key NIH Research Executive Received 70 Secret Royalty Payments; Colleague Got 7
  • The American Journal: “Twitter Does Not Believe in Free Speech,” Says Senior Engineer – FULL SHOW – 05/17/2022
  • Russian Ops in Ukraine: Advances in Donbas, Ukraine Surrenders at Azovstal
  • Investigation Launched After ‘Mystery’ Surge in Deaths of Newborn Babies
  • Pandemic Treaty Will Crush Sovereignty: Elected World Governments Prepare For Global Enslavement
  • A Currency Apocalypse Courtesy of the Old Lady of Threadneedle Street.
  • Mortality Among White Collar Workers Jumped 24 Percent Between 2020 And 2021, Life Insurance Data Show
  • Azov Battalion SURRENDERS in Mariupol

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
September 2019
M T W T F S S
« Aug   Oct »
 1
2345678
9101112131415
16171819202122
23242526272829
30  
© 2022 Socio-Economics History Blog | WordPress Theme by Superbthemes