How much was Fed repo injection?

TLDR

The latest Federal Reserve repo liquidity injection was approximately $6.8$7.0 billion on 22 Dec (UTC).

1. The operation is cited at $6.8 billion in a detailed recap of the repo move on 22 Dec (market summary).
2. Other coverage rounds it to $7 billion for the same date (calendar update).
3. Separately, broader liquidity has been boosted by $40 billion per month in T?bill purchases since mid?December (market update).

Deep Dive

1. Size And Timing

Reports put the 22 Dec repo operation near $6.8 billion, described as the largest such action since 2020 and part of year?end cash?management activity (market summary). Some outlets rounded the headline figure to $7 billion for the same date (calendar update).

2. Rounding And Reporting

The discrepancy between $6.8B and $7B reflects common rounding in news flow rather than a materially different operation. For definitive confirmation, the strongest source would be the Federal Reserves daily operations notice and term sheets (not linked in the coverage above).

3. Broader Liquidity Context

Beyond the one?off repo, markets have highlighted ongoing $40B/month T?bill purchases announced in mid?December as a separate, persistent liquidity source (see the market update above). The cited recap also clarifies that repos are collateralized cash for Treasuries and are not the same as QE, which alters the Feds balance sheet mix (see the market summary above).

Conclusion

The Feds year?end repo action was roughly $6.8$7.0 billion on 22 Dec (UTC). The rounding difference is minor; the key takeaway is short?term funding relief. For market impact, watch both these episodic repo operations and the ongoing $40B/month T?bill purchases as the more durable liquidity backdrop.