Federal Reserve Alert! Bank of America, National Association, has been added to the list of Standing Repo Facility Counterparties, effective February 18, 2022. Other Standing repo Counterparties: Citibank, Goldman Sachs Bank, and Mizuho Bank, Ltd.
Source
Standing Repo Facility Counterparties
Standing Repurchase Agreement (repo) Facility
In the Statement Regarding Repurchase Agreement Arrangements released on July 28, 2021, the Federal Reserve announced the establishment of a domestic standing repurchase agreement (repo) facility (SRF). The SRF serves as a backstop in money markets to support the effective