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.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
SUBJECT: Announcement Regarding November 23 Sale of Options on Repurchase Transactions
Next weeks auctions of options on repurchase agreements will take place on Tuesday, November 23 at 2:30 p.m. The FRBNY will auction $10 billion of the December 23 Strip, $25 billion of the December 30 Strip and $20 billion of the January 6 Strip. These amounts will bring total planned sales of options on repos over the six auctions between October 20 and November 23 to $99 billion of the December 23 Strip, $198 billion of the December 30 Strip and $129 billion of the January 6 Strip. As announced on November 4, one additional auction is planned for Wednesday, December 1.