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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: sammaster who wrote (75008)2/1/2000 4:38:00 PM
From: Freedom Fighter  Respond to of 132070
 
Samir,

This is one you definitely want to forward to Mike. I have only the most basic understanding of repos. My understanding doesn't go past what you've described. It's a temporary addition.

I can only add that there are also reverse-repos and tri-party repos. The Fed used the later for Y2K and is now unwinding them.

Wayne