Emergency Repo Operations.

Coeur d Alene ID

Description

Do you even know what that means? No! Don't go look it up and attempt to act intelligent. It's highly complicated and esoteric to most people Reop markets keeps our financial systems functioning. It maintains liquidity. In the event of an emergency release of funds in the repo market it is to deal with an illiquidity event. Failure to do so could cause the repo market to seize thus risking a credit event. Ergo financial systems to fail causing a domino effect.