Operating Policy
Statement Regarding Repurchase Agreement Small Value Exercise
November 8, 2017

As noted in the November 6 operating policy statement, the Federal Reserve Bank of New York’s Open Market Trading Desk (the Desk) intends to conduct a series of four small value repo and reverse repo operations during the month of November. For the term repo operation scheduled for today, November 8, the Desk is changing the maturity date of the operation from Friday, November 10, to Monday, November 13. All other details in the planned schedule announced on November 6 remain unchanged.