x0000x0000Page of including the Federal Reserve and these facilities aid the Fed in managing its own foreign currency portfolio Who authorized the FIMA repo facilityThe establishment of this f ID: 816942
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��Page of FIMA Repo Facili
��Page of FIMA Repo Facility FAQsWhat is the purpose of the FIMA Repo FacilityThe FIMA repo facility is designed to help maintain the flow of credit to U.S. households and businesses by reducing risks to U.S. financial markets caused by financial stresses abroad. The facility ��Page of including the Federal Reserve, and these facilities aid the Fed in managing its own foreign currency portfolio. Who authorized the FIMA repo facilityThe establishment of this facilitywas authorized by the Federal Open Market Committee (FOMC) of the Federal Reserve System. In addition, the Federal Re
serve hathe right to approve or deny req
serve hathe right to approve or deny requests by foreign central banks to use the facilityIs the Federal Reserve exposed to foreign exchange or credit risk in providing this facilityNo. The transactions take place exclusively in dollars, so there is no exchange rate risk. And dollar outlays of the facility are fully collateralized by U.S. Treasuriesthat are margined similar to collateral posted to the Federal Reserve’s discount windowIs activity by the FIMA repo facility disclosed to the public? Yes, amounts outstanding under the facility arepublished in the Federal Reserve’s weeklyH.4.1 release