Yep, “Repo” = Repurchase Overnight”, but not all are 24 hours...there can be 3-day or 14-day terms too. $75 billion “printed”/QE’ed so far....gets recycled over and over thru early October.
https://www.newyorkfed.org/markets/opolicy/operating_policy_190920
and
https://www.newyorkfed.org/markets/opolicy/operating_policy_190923
Yep, “Repo” = Repurchase Overnight”, but not all are 24 hours...there can be 3-day or 14-day terms too. $75 billion “printed”/QE’ed so far....gets recycled over and over thru early October.
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Yep. That’s why is said “specified time frame”.