The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
To implement monetary policy, short-term repurchase and reverse repurchase
agreements are used to temporarily affect the size of the Federal Reserve
System's portfolio and influence day-to-day trading in the federal funds
Temporary Open Market Operations for March 26, 2015
Last Updated: March 26, 2015 1:20 PM
Number of Operations Today: 1
See announcement from December 12, 2014. There were 46 bids submitted and 46 bids accepted in today's operation.
Deal Date: Thursday, March 26, 2015
Delivery Date: Thursday, March 26, 2015
Maturity Date: Friday, March 27, 2015
Type of Operation1: Reverse Repo
Auction Method: Fixed-Rate
Settlement: Same Day
Term of Operation2: 1 Day
Operation Close Time: 01:15 PM