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Stories: Money markets

Comparison of the Federal Reserve discount window and standing repo operations: who borrows, what collateral is pledged and the two daily operation times, under a band showing both rates at 4.0 percent in the September 16, 2026 implementation note
Federal Reserve ·

Discount Window vs Standing Repo Facility: The Fed's Two Backstops

Who can borrow, what they pledge and how each is priced: the Fed's discount window and standing repo side by side.

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