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General TradingS
Standing Repurchase Agreement Facility (SRF)
A Federal Reserve facility that provides overnight repurchase agreement operations to eligible counterparties, serving as a backstop to support effective monetary policy implementation and smooth money market functioning.
Example
“When overnight repo rates spiked unexpectedly, primary dealers tapped the Standing Repurchase Agreement Facility to borrow cash against their Treasury holdings, stabilizing short-term funding markets.”