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The only things that are eligible for the Fed repo operations are Treasury securities, agency direct obligations (i.e. other US Govt debt that's not in the form
by NovemberWhiskey 7y ago
The only things that are eligible for the Fed repo operations are Treasury securities, agency direct obligations (i.e. other US Govt debt that's not in the form of a Treasury) and mortgage-backed securities issued by Fannie Mae/Freddie Mac/etc.