November 9, 2026

AI / FINTECH / CRYPTO / TECH

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Stories: Repo

Bar chart of average daily take-up at the Fed's overnight reverse repo facility: $722.3 billion in 2021, $2.00 trillion in 2022, $1.75 trillion in 2023, $390.4 billion in 2024, $103.0 billion in 2025 and $2.2 billion in 2026 through November 6.

Federal Reserve · Nov 8

Overnight Reverse Repo Facility: Why the Fed's Floor Sits Empty

How the Fed's ON RRP sets a floor at 3.75%, and why take-up fell from $2.55T in 2022 to $150M on Nov 6, 2026.