Zeev's Turnips Patch-No Politics (ZEEV)

[Train Guy]

It's temporary money the Fed lends out to the banks. Might be over night, for a few days, a week, or a month. They post it everyday how much it was if any, and when it is to be given back. Repo stack would be the total they have lent out at any one time. Usually that's "hot" money and can get dumped into the markets.