Does anyone know what the current overnight repo rate is (approximately) for a large, well capitalized, US corporation?
GNI, my current broker, pays interest on balances at 50 basis points less than their overnight repo rate. This is a very tiny number because the amount of interest I'm getting is tiny, but it is evidently a positive number, at least!
GNI, my current broker, pays interest on balances at 50 basis points less than their overnight repo rate. This is a very tiny number because the amount of interest I'm getting is tiny, but it is evidently a positive number, at least!