Fed Boosts Size Of Repo Bailout Facility For 2nd Time In A Week Following Liquidity Collapse

• Fed Boosts Size Of Repo Bailout Facility For 2nd Time In A Week Following Liquidity Collapse
  by Tyler Durden, https://www.zerohedge.com/
  With credit and funding markets starting to show signs of extreme stress, signaling a major dollar shortage… …and the market’s biggest demand yet for liquidity from its repo facility, The Fed has increased the size of its daily bailout facility.
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  This is the second time this week after ramping up their facility from $100 billion to $150 billion on Monday:
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  Beginning Thursday, March 12, 2020 and continuing through Monday, April 13, 2020, the Desk will offer at least $175 billion in daily overnight repo operations and at least $45 billion in two-week term repo operations twice per week over this period.
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  Additionally, The Fed is offering three one-month term repo operations, with the first operation occurring on Thursday, March 12, 2020. The amount offered for each of these three operations will be at least $50 billion. Just look at the numbers involved here…
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  read more.

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