Fed mulls MBS repo to reduce balance sheet

Appearing before the House Committee on Financial Services last month, Federal Reserve chairman Ben Bernanke confirmed the regulator intends to eventually drain large quantities of cash in the banking system through the use of reverse repurchase agreements.

“To build the capability to drain large quantities of reserves, the Federal Reserve has been working to expand its range of counterparties for reverse repurchase operations beyond the primary dealers and to develop the infrastructure

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: