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Contrary to the other two replies, yes, they are paid interest (it's a reverse of the standard repo where they borrow money from the Fed and pay the interest)
by notahacker 5y ago
Contrary to the other two replies, yes, they are paid interest (it's a reverse of the standard repo where they borrow money from the Fed and pay the interest)
- selectodude 5y agoReading the comments on financial articles on HN makes me question the comments on the stuff I don't actually know something about.