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Change in Minimum Fee Rate for SOMA Securities Lending Program
|June 25, 2003|
Effective June 26, 2003, the Federal Reserve Bank of New York (FRBNY) is implementing the following change to the System Open Market Account (SOMA) securities lending program:
The minimum fee rate has been lowered to 0.75 percent from 1.00 percent.
All other program terms remain unchanged.
For more information, please see: