Reverse Repo Counterparties List

To prepare for the potential need to conduct large-scale reverse repurchase agreement transactions, the Federal Reserve Bank of New York is developing arrangements with an expanded set of counterparties with whom it can conduct these transactions. These counterparties are in addition to the existing set of Primary Dealer counterparties with whom the Federal Reserve can already conduct reverse repurchase agreements.


Banks
Ally Bank
Bank of America, N.A.
Bank of Montreal (Chicago Branch)
Barclays Bank PLC - New York Branch
Citibank, N.A.
Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., "Rabobank Nederland", New York Branch
Credit Agricole Corporate and Investment Bank
Credit Suisse AG, New York Branch
Discover Bank
Goldman Sachs Bank USA
HSBC Bank USA, National Association
JPMorgan Chase Bank, N.A.
Mizuho Bank, Ltd.
Morgan Stanley Bank, N.A.
Natixis New York Branch
Royal Bank of Canada
Sumitomo Mitsui Banking Corporation, NY branch
Svenska Handelsbanken AB (publ) New York Branch
The Northern Trust Company
Wells Fargo Bank, NA
Government-Sponsored Enterprises
Federal Agricultural Mortgage Corporation (Farmer Mac)
Federal Home Loan Bank of Atlanta
Federal Home Loan Bank of Boston
Federal Home Loan Bank of Chicago
Federal Home Loan Bank of Cincinnati
Federal Home Loan Bank of Dallas
Federal Home Loan Bank of Des Moines
Federal Home Loan Bank of New York
Federal Home Loan Bank of Pittsburgh
Federal Home Loan Bank of San Francisco
Federal Home Loan Bank of Topeka
Federal Home Loan Mortgage Corporation (Freddie Mac)
Federal National Mortgage Association (Fannie Mae)
Investment Manager Money Market Funds
AllianceBernstein L.P. AB Fixed-Income Shares, Inc. – AB Government Money Market Portfolio
BlackRock Advisors, LLC BlackRock Liquidity Funds: FedFund
BlackRock Liquidity Funds: T-Fund
BlackRock Liquidity Funds: TempCash
BlackRock Liquidity Funds: TempFund
Master Treasury Strategies Institutional Portfolio
Master Money LLC
Master Premier Government Institutional Portfolio
BlackRock Fund Advisors Money Market Master Portfolio
Prime Money Market Master Portfolio
Charles Schwab Investment Management, Inc. Schwab Advisor Cash Reserves
Schwab Cash Reserves
Schwab Government Money Fund
Schwab Money Market Fund
Schwab Value Advantage Money Fund
Columbia Management Investment Advisers, LLC Columbia Short-Term Cash Fund, a series of Columbia Funds Series Trust II  
Deutsche Investment Mangement Americas, Inc. Government Cash Management Portfolio
Dimensional Fund Advisors LP The DFA Short Term Investment Fund of The DFA Investment Trust Company
The Dreyfus Corporation Dreyfus Cash Management
Dreyfus Government Cash Management
Dreyfus Institutional Cash Advantage Fund
Dreyfus Institutional Preferred Government Money Market Fund
Dreyfus Institutional Preferred Money Market Fund
Dreyfus Treasury & Agency Cash Management
General Money Market Fund
Federated Investment Management Company Federated Capital Reserves Fund
Federated Government Obligations Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Institutional Money Market Management
Federated Prime Cash Obligations Fund
Federated Prime Obligations Fund
Federated Prime Value Obligations Fund
Federated Tax-Free Obligations Fund
Federated Treasury Obligations Fund
Federated U.S. Treasury Cash Reserves
Fidelity Investments Money Management, Inc. Fidelity Revere Street Trust: Fidelity Cash Central Fund
Fidelity Revere Street Trust: Fidelity Securities Lending Cash Central Fund
Fidelity Management & Research Company Fidelity Colchester Street Trust: Government Portfolio
Fidelity Colchester Street Trust: Money Market Portfolio
Fidelity Colchester Street Trust: Prime Money Market Portfolio
Fidelity Colchester Street Trust: Treasury Portfolio
Fidelity Hereford Street Trust: Fidelity Government Money Market Fund
Fidelity Hereford Street Trust: Fidelity Money Market Fund
Fidelity Money Market Trust: Retirement Government Money Market II Portfolio
Fidelity Newbury Street Trust: Fidelity Treasury Money Market Fund
Fidelity Phillips Street Trust: Fidelity Government Cash Reserves
Fidelity Salem Street Trust: Fidelity Series Government Money Market Fund
Franklin Advisers, Inc. The Money Market Portfolio
Goldman Sachs Asset Management Goldman Sachs Financial Square Government Fund
Goldman Sachs Financial Square Money Market Fund
Goldman Sachs Financial Square Prime Obligations Fund
Goldman Sachs Financial Square Tax-Free Money Market Fund
Goldman Sachs Financial Square Treasury Obligations Fund
Goldman Sachs Financial Square Treasury Solutions Fund
HSBC Global Asset Management (USA), Inc. HSBC Prime Money Market Fund
HSBC US Government Money Market Fund
Invesco Advisers, Inc. Premier Portfolio, a series of the AIM Treasurer's Series Trust (Invesco Treasurer's Series Trust)
STIT Government and Agency Portfolio
STIT Liquid Assets Portfolio
STIT Treasury Portfolio
J. P. Morgan Investment Management Inc. JPMorgan 100% U.S. Treasury Securities Money Market Fund
JPMorgan Liquid Assets Money Market Fund
JPMorgan Prime Money Market Fund
JPMorgan Tax Free Money Market Fund
JPMorgan U.S. Government Money Market Fund
JPMorgan U.S. Treasury Plus Money Market Fund
Legg Mason Partners Fund Advisor, LLC Western Asset/Institutional Cash Reserves Portfolio
Western Asset/Institutional Government Reserves Portfolio
Western Asset/Liquid Reserves Portfolio
Morgan Stanley Investment Management, Inc. Morgan Stanley Institutional Liquidity Funds Government Portfolio
Morgan Stanley Institutional Liquidity Funds Government Securities Portfolio
Morgan Stanley Institutional Liquidity Funds Prime Portfolio
Morgan Stanley Institutional Liquidity Funds Treasury Portfolio
Northern Trust Investments, Inc. Northern Institutional Funds - Diversified Assets Portfolio
Northern Institutional Funds - Government Portfolio
Northern Institutional Funds - Government Select Portfolio
Northern Institutional Funds - Treasury Portfolio
Northern Funds - Money Market Fund
Passport Research, Ltd. Edward Jones Money Market Fund
PFM Asset Management LLC PFM Funds - Prime Series
RBC Global Asset Management (U.S.) Inc. RBC Funds Trust, U.S. Government Money Market Fund
SSgA Funds Management, Inc. Institutional Liquid Reserve Portfolio
Institutional US Gov. Money Market Fund, a series of the State Street Master Funds
SSgA Money Market Fund
SSgA Prime Money Market Fund
State Street Navigator Securities Lending Trust
State Street Treasury Plus Money Market Portfolio
T. Rowe Price Associates, Inc. T. Rowe Price Cash Reserves Fund
T. Rowe Price Government Money Fund, Inc.
T. Rowe Price Government Reserve Fund
UBS Asset Management (Americas) Inc. Government Master Fund
Prime Master Fund
Treasury Master Fund
U.S. Bancorp Asset Management, Inc. First American Government Obligations Fund
First American Prime Obligations Fund
First American Treasury Obligations Fund
Mount Vernon Securities Lending Prime Portfolio
The Vanguard Group, Inc. Vanguard Federal Money Market Fund
Vanguard Market Liquidity Fund
Vanguard Prime Money Market Fund
Wells Fargo Funds Management Wells Fargo Cash Investment Money Market Fund
Wells Fargo Government Money Market Fund
Wells Fargo Heritage Money Market Fund
Wells Fargo Money Market Fund
Wells Fargo Treasury Plus Money Market Fund
 
DATE
Reverse Repo Counterparties
 
 
2016
 
 
August 29, 2016
SSGA US Treasury Money Market Fund has been removed and State Street Treasury Plus Money Market Portfolio has been added to the list of reverse repo counterparties, effective August 29.
Revised Reserve Repo Counterparty List »
 
 
August 15, 2016
Following the designation of the Fidelity Colchester Street Trust: Money Market Portfolio as a retail money market fund and the transition of certain of its institutional client assets to the Fidelity Salem Street Trust: Fidelity Series Government Money Market Fund, Fidelity Salem Street Trust: Fidelity Series Government Money Market Fund has been added to the list of reverse repo counterparties, effective August 15.
Revised Reserve Repo Counterparty List »
 
 
August 10, 2016
Morgan Stanley Liquid Asset Fund Inc. and Active Assets Money Trust have been removed, and Morgan Stanley Institutional Liquidity Funds Government Securities Portfolio has been added, to the list of reverse repo counterparties, effective August 10.
Revised Reserve Repo Counterparty List »
 
 
June 24, 2016
UBS RMA Money Market Portfolio has been removed and Government Master Fund has been added to the list of reverse repo counterparties, effective June 24.
Revised Reserve Repo Counterparty List »
 
 
May 4, 2016
Federated Institutional Money Market Management has been added to the list of reverse repo counterparties, effective May 4.
Revised Reserve Repo Counterparty List »
 
 
April 18, 2016
BofA Cash Reserves and BofA Money Market Reserves merged into Blackrock TempFund, and BofA Treasury Reserves merged into Blackrock T-Fund, effective April 18.
Revised Reserve Repo Counterparty List »
 
 
March 30, 2016
Prudential Investment Portfolios 2 - Prudential Core Taxable Money Market Fund is no longer a reverse repo counterparty, effective March 30.
Revised Reserve Repo Counterparty List »
 
 
March 28, 2016
RBC Prime Money Market Fund is no longer a reverse repo counterparty, effective March 25.
Revised Reserve Repo Counterparty List »
 
 
February 2, 2016
HSBC Prime Money Market Fund and HSBC US Government Money Market Fund managed by HSBC Global Asset Management (USA), Inc. have been added to the list of reverse repo counterparties, effective February 2.
Revised Reserve Repo Counterparty List »
 
 
2015
 
 
December 30, 2015
Abbey National Treasury Services plc (US Branch), The Bank of New York Mellon and Deutsche Bank AG NY are no longer reverse repo counterparties, effective December 23.
Revised Reserve Repo Counterparty List »
 
 
December 7, 2015
Société Générale New York Branch is no longer a reverse repo counterparty, effective December 7.
Revised Reserve Repo Counterparty List »
 
 
November 13, 2015
Fidelity Newbury Street Trust: Prime Fund merged into Fidelity Hereford Street Trust: Fidelity Government Money Market Fund, effective close of business November 13.
Revised Reserve Repo Counterparty List »
 
 
November 9, 2015
Fidelity Fixed Income Trust: Money Market Portfolio merged into Fidelity Hereford Street Trust: Fidelity Money Market Fund, effective November 9.
Revised Reserve Repo Counterparty List »
 
 
August 12, 2015
Federated Tax-Free Obligations Fund, Federated U.S. Treasury Cash Reserves, and Federated Government Obligations Tax-Managed Fund have been added to the list of reverse repo counterparties.
Revised Reserve Repo Counterparty List »
 
 
August 3, 2015
Federal Home Loan Bank of Pittsburgh and The Money Market Portfolio managed by Franklin Advisors, Inc. have been added to the list of reverse repo counterparties.
Revised Reserve Repo Counterparty List »
 
 
June 1, 2015
Federal Home Loan Bank of Seattle merged into Federal Home Loan Bank of Des Moines, effective May 31.
Revised Reserve Repo Counterparty List »
 
 
May 21, 2015
Federal Home Loan Bank of Topeka has been added to the list of reverse repo counterparties.
Revised Reserve Repo Counterparty List »
 
 
March 20, 2015
Reich & Tang Daily Income Fund - Money Market Portfolio is no longer a reverse repo counterparty.
Revised Reserve Repo Counterparty List »
 
 
January 16, 2015
Banks, government-sponsored enterprises and money funds announced. Additions
Revised Reserve Repo Counterparty List »
 
 
2014
 
 
November 24, 2014
State Street Bank and Trust Company is no longer a reverse repo counterparty.
Revised Reserve Repo Counterparty List »
 
 
2013
 
 
April 18, 2013
TDAM Money Market Portfolio is no longer a reverse repo counterparty.
Revised Reserve Repo Counterparty List »
 
 
April 5, 2013
Wells Fargo Advantage Prime Investment Money Market Fund merged into Wells Fargo Advantage Heritage Money Market Fund, effective March 1, 2013.
Revised Reserve Repo Counterparty List »
 
 
January 15, 2013
Banks, government-sponsored enterprises and money funds announced. Additions
Revised Reserve Repo Counterparty List »
 
 
2012
 
 
April 30, 2012
 
 
2011
 
 
December 1, 2011
 
 
December 1, 2011
Drefyus Cash Management Plus Fund merged into Dreyfus Cash Management Fund, effective August 25, 2011.
Revised Reserve Repo Counterparty List »
 
 
July 27, 2011
Government-sponsored enterprises announced. Additions
Revised Reserve Repo Counterparty List »
 
 
May 23, 2011
Third wave of money funds announced. Additions
Revised Reserve Repo Counterparty List »
 
 
January 31, 2011
Second wave of money funds announced. Additions
Revised Reserve Repo Counterparty List »
 
 
2010

 
 
August 18, 2010
First wave of money funds announced.
Original list
 
 
DATE
Reverse Repo Counterparties
 
 
2016
 
 
August 11, 2016
AllianceBernstein - Government STIF Portfolio changed its name to AB Fixed-Income Shares, Inc. – AB Government Money Market Portfolio, Inc., effective May 30.
Revised List »
 
 
August 1, 2016
T. Rowe Price Prime Reserve Fund changed its name to T. Rowe Price Government Money Fund, Inc., T. Rowe Price Summit Cash Reserves Fund changed its name to T. Rowe Price Cash Reserves Fund and T. Rowe Price Reserve Investment Fund changed its name to T. Rowe Price Government Reserve Fund, effective August 1.
Revised List »
 
 
May 2, 2016
Deutsche Cash Management Master Portfolio changed its name to Government Cash Management Portfolio, and Master Government Institutional Portfolio managed by Blackrock Advisors, LLC, changed its name to Master Treasury Strategies Institutional Portfolio, effective May 2.
Revised List »
 
 
January 5, 2016
BlackRock Advisors, LLC, changed Master Institutional Portfolio to Master Government Institutional Portfolio and Master Premier Institutional Portfolio to Master Premier Government Institutional Portfolio, effective January 4.
Revised List »
 
 
January 5, 2016
Fidelity Newbury Street Trust: Treasury Fund changed its name to Fidelity Newbury Street Trust: Fidelity Treasury Money Market Fund, effective December 30, 2015.
Revised List »
 
 
2015
 
 
December 18, 2015
The word "Advantage" was removed from all Wells Fargo Fund names, effective December 15.
Revised List »
 
 
December 1, 2015
Fidelity Money Market Trust: Retirement Money Market Portfolio changed its name to Fidelity Money Market Trust: Retirement Government Money Market II Portfolio and Fidelity Phillips Street Trust: Fidelity Cash Reserves changed its name to Fidelity Phillips Street Trust: Fidelity Government Cash Reserves, effective December 1.
Revised List »
 
 
November 20, 2015
Dreyfus Institutional Reserves Money Fund changed its name to Dreyfus Institutional Preferred Government Money Market Fund, effective November 1.
Revised List »
 
 
October 1, 2015
Goldman Sachs Financial Square Federal Fund changed its name to Goldman Sachs Financial Square Treasury Solutions Fund, effective October 1.
Revised list
 
 
2014
 
 
June 23, 2014
BlackRock Fund Advisors, LLC changed its name to BlackRock Fund Advisors, effective June 23.
Revised list
 
 
2013
 
 
July 1, 2013
Mizuho Corporate Bank, Ltd. changed its name to Mizuho Bank, Ltd., effective July 1.
Revised list
 
 
2011
 
 
January 20, 2011
FAF Advisors, Inc. changed its name to U.S. Bancorp Asset Management, Inc., effective January 1.
Revised list
 
New reverse repurchase transaction (RRP) counterparties will begin transacting with the New York Fed upon completion of legal, operational and technical setup. Each listed counterparty applied to be an eligible RRP counterparty under the criteria and application published by the New York Fed. Inclusion on this list simply means that, should the New York Fed conduct reverse repurchase agreements, those listed would be eligible to participate. It does not mean that any listed eligible RRP counterparty is eligible for any other program or transactional relationship with the New York Fed. Further, it does not in any way constitute a public endorsement of any listed eligible RRP counterparty by the New York Fed, nor should inclusion on the list be viewed as a replacement for prudent counterparty risk management and due diligence.

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