U.S. banks have tapped the Federal Reserve's repurchase facility, borrowing $1.5 billion, in the context of corporate tax payments.
Raluca Ioana Draghici
International
www.shutterstock.com
Always see our news on Google
The liquidity request was generated by the deadline for corporate tax payments and the settlements for Treasury bond issuances, creating a temporary pressure on financing. The SRF facility, active since 2021, offers banks overnight cash in exchange for eligible collateral. Although the $1.5 billion loan is modest compared to previous loans, analysts believe that the pressure on liquidity is temporary and does not indicate a structural crisis.
Sources
Băncile americane au împrumutat 1,5 miliarde de dolari de la Rezerva Federală, semnal de presiune ușoară pe lichiditate
Băncile americane au împrumutat 1,5 miliarde de dolari de la Rezerva Federală, semnal de presiune uşoară pe lichiditate
Băncile americane au împrumutat 1,5 miliarde de dolari de la Rezerva Federală, semnal de presiune uşoară pe lichiditate
Latest News
19:05
The United States embassies in the Middle East are issuing security alerts and recommending that American citizens leave the region.
19:00
A serious accident occurred on DN 1, Cluj County, involving a motorcycle and a truck.
18:50
The wildfire in Reșița has reignited, and additional forces have been mobilized to extinguish it, including a helicopter.
18:40
A lottery winner from Padova who became a millionaire in 2019 is at the center of a post-mortem legal dispute.
18:26
The National Cyber Security Directorate draws attention to a method of fraud that uses Facebook groups to promote fake loans.
See more news
NEWS ON THE SAME TOPICS
International
The US government refunded 81 billion dollars in tariffs imposed by Donald Trump, declared illegal by the Supreme Court.
.webp)
Economy
The Ministry of Finance borrowed 1.3 billion lei from banks through two issues of government bonds.
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
