Markets Foreign Exchange Open Market Operations Securities Lending   Term Securities Lending Facility Program Terms and Conditions Term Securities Lending Facility FAQs TSLF Operations Announcements Primary Dealer Credit Facility Primary Dealers

Home > Markets > TSLF 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.   Printer version E-mail alert 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)