Operating Policy
Statement Regarding the Reverse Repurchase and SOMA Securities Lending Operations on Wednesday, December 5, 2018
December 3, 2018

Due to the Securities Industry and Financial Markets Association’s recommended market close in honor of the national day of mourning for former President George H. W. Bush on Wednesday, December 5, all reverse repurchase agreements and securities lending trades executed on Tuesday, December 4, will mature on Thursday, December 6. While the Open Market Trading Desk does not intend to conduct operations on December 5, the Fedwire Securities Service will operate during its regular hours on that date.

Additionally, the previously announced small value multi-tranche term repo operation with Primary Dealers scheduled for Tuesday, December 4, will be conducted as planned.