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Term Securities Lending Facility
The Term Securities Lending Facility is a 28-day lending facility that offers Treasury general collateral to the Federal Reserve Bank of New York’s primary dealers in exchange for other program-eligible collateral. It is intended to promote liquidity in the financing markets for Treasury and other collateral and thus foster the functioning of financial markets more generally.
 
Auction Results
May 15, 2008
 
Collateral
Par
Submitted 4
Par
Accepted 5
Bid-to-
Cover 6
Stop-out
Rate 7
 
 
Treasury GC Schedule 1
7,240
7,240
0.29
0.1000
 


Auction Announcement
May 14, 2008
 
Auction Details 1
 
 
Auction collateral type 2
Schedule 1
 
 
Offering amount
$25 billion par
 
 
Maximum award
$5 billion par (20% of offering)
 
 
Minimum fee rate
0.1000 percent
 
 
Auction date
    Start time
    Close time
May 15, 2008
02:00 p.m. ET
02:30 p.m. ET
 
 
Settlement date
May 16, 2008
 
 
Term
28-day
 
 
Maturity date
June 13, 2008
 

 
Treasury General Collateral Basket
 
 
Security Description
Amount Available for Loan 3
 
 
T 02.625 03/15/09
921
 
 
T 04.500 04/30/09
3,177
 
 
T 03.875 05/15/09
3,008
 
 
T 04.875 05/31/09
3,280
 
 
T 04.000 06/15/09
487
 
 
T 02.125 01/31/10
1,723
 
 
T 04.125 08/15/10
1,597
 
 
T 04.500 11/15/10
2,000
 
 
T 04.875 04/30/11
1,670
 
 
T 04.625 08/31/11
1,300
 
 
T 05.250 11/15/28
1,411
 
 
T 04.500 02/15/36
2,121
 
 
TII 03.875 01/15/09
2,306
 
Auction Results
May 08, 2008
 
Collateral
Par
Submitted 4
Par
Accepted 5
Bid-to-
Cover 6
Stop-out
Rate 7
 
 
Treasury GC Schedule 2
28,770
28,770
0.58
0.2500
 


Auction Announcement
May 07, 2008
 
Auction Details 1
 
 
Auction collateral type 2
Schedule 2
 
 
Offering amount
$50 billion par
 
 
Maximum award
$10 billion par (20% of offering)
 
 
Minimum fee rate
0.2500 percent
 
 
Auction date
    Start time
    Close time
May 08, 2008
02:00 p.m. ET
02:30 p.m. ET
 
 
Settlement date
May 09, 2008
 
 
Term
28-day
 
 
Maturity date
June 06, 2008
 

 
Treasury General Collateral Basket
 
 
Security Description
Amount Available for Loan 3
 
 
T 05.000 07/31/08
6,107
 
 
T 03.250 08/15/08
4,241
 
 
T 04.125 08/15/08
2,325
 
 
T 04.625 09/30/08
5,174
 
 
T 03.375 12/15/08
1,122
 
 
T 04.750 02/28/09
4,835
 
 
T 04.500 03/31/09
4,445
 
 
T 04.000 09/30/09
1,784
 
 
T 04.625 11/15/09
5,572
 
 
T 03.250 12/31/09
3,297
 
 
T 04.750 02/15/10
1,268
 
 
T 08.750 05/15/20
1,302
 
 
T 07.875 02/15/21
1,330
 
 
T 08.125 05/15/21
1,418
 
 
T 07.625 11/15/22
1,401
 
 
TII 00.875 04/15/10
1,213
 
 
TII 02.000 01/15/26
2,950
 
 
TII 03.375 04/15/32
216
 
Auction Results
May 01, 2008
 
Collateral
Par
Submitted 4
Par
Accepted 5
Bid-to-
Cover 6
Stop-out
Rate 7
 
 
Treasury GC Schedule 1
24,120
24,120
0.96
0.1000
 


Auction Announcement
April 30, 2008
 
Auction Details 1
 
 
Auction collateral type 2
Schedule 1
 
 
Offering amount
$25 billion par
 
 
Maximum award
$5 billion par (20% of offering)
 
 
Minimum fee rate
0.1000 percent
 
 
Auction date
    Start time
    Close time
May 01, 2008
02:00 p.m. ET
02:30 p.m. ET
 
 
Settlement date
May 02, 2008
 
 
Term
28-day
 
 
Maturity date
May 30, 2008
 

 
Treasury General Collateral Basket
 
 
Security Description
Amount Available for Loan 3
 
 
T 03.375 11/15/08
2,177
 
 
T 04.875 01/31/09
2,721
 
 
T 04.375 12/15/10
410
 
 
T 05.000 08/15/11
2,005
 
 
T 04.500 09/30/11
560
 
 
T 04.625 10/31/11
2,001
 
 
T 04.500 11/30/11
2,786
 
 
T 08.125 08/15/19
2,591
 
 
T 08.750 08/15/20
2,389
 
 
T 07.125 02/15/23
2,466
 
 
T 05.500 08/15/28
1,676
 
 
TII 03.500 01/15/11
493
 
 
TII 01.875 07/15/13
243
 
 
TII 01.875 07/15/15
158
 
 
TII 02.000 01/15/16
175
 
 
TII 02.375 01/15/17
2,150
 
Auction Results
April 24, 2008
 
Collateral
Par
Submitted 4
Par
Accepted 5
Bid-to-
Cover 6
Stop-out
Rate 7
 
 
Treasury GC Schedule 2
59,460
59,460
0.79
0.2500
 


Auction Announcement
April 23, 2008
 
Auction Details 1
 
 
Auction collateral type 2
Schedule 2
 
 
Offering amount
$75 billion par
 
 
Maximum award
$15 billion par (20% of offering)
 
 
Minimum fee rate
0.2500 percent
 
 
Auction date
    Start time
    Close time
April 24, 2008
02:00 p.m. ET
02:30 p.m. ET
 
 
Settlement date
April 25, 2008
 
 
Term
28-day
 
 
Maturity date
May 23, 2008
 

 
Treasury General Collateral Basket
 
 
Security Description
Amount Available for Loan 3
 
 
T 04.875 10/31/08
2,636
 
 
T 04.750 11/15/08
3,348
 
 
T 04.375 11/15/08
3,599
 
 
T 04.750 12/31/08
4,617
 
 
T 03.000 02/15/09
1,630
 
 
T 05.500 05/15/09
2,425
 
 
T 04.875 06/30/09
1,820
 
 
T 04.625 07/31/09
1,682
 
 
T 06.000 08/15/09
4,458
 
 
T 04.875 08/15/09
2,218
 
 
T 03.625 10/31/09
1,660
 
 
T 03.500 11/15/09
1,904
 
 
T 03.125 11/30/09
2,343
 
 
T 06.500 02/15/10
3,701
 
 
T 04.875 07/31/11
1,233
 
 
T 04.750 05/31/12
2,036
 
 
T 04.625 11/15/16
2,094
 
 
T 08.750 05/15/17
2,730
 
 
T 04.500 05/15/17
3,774
 
 
T 07.625 02/15/25
1,519
 
 
T 06.500 11/15/26
1,524
 
 
T 06.625 02/15/27
1,285
 
 
T 05.250 02/15/29
1,470
 
 
T 06.250 05/15/30
2,024
 
 
T 05.000 05/15/37
6,413
 
 
TII 02.375 04/15/11
2,830
 
 
TII 02.375 01/15/25
3,110
 
 
TII 02.375 01/15/27
2,432
 
 
TII 03.625 04/15/28
2,487
 
Auction Results
April 17, 2008
 
Collateral
Par
Submitted 4
Par
Accepted 5
Bid-to-
Cover 6
Stop-out
Rate 7
 
 
Treasury GC Schedule 1
35,100
24,999
1.40
0.1000
 


Auction Announcement
April 16, 2008
 
Auction Details 1
 
 
Auction collateral type 2
Schedule 1
 
 
Offering amount
$25 billion par
 
 
Maximum award
$5 billion par (20% of offering)