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| My gut instinct is probably none of these direct to Fed reverse repos were from Ag banks, unless you count Wells Fargo and B of A as as they do have Ag portfolios.
Sorry, I was just trying to answer why a bank makes borrow / sell decision - I didn't mean to imply that Ag had anything to do with these direct repos. Most Ag banks across the country would borrow through the discount window program if borrowing from the Fed. | |
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Fed Reserve $125B
