Operating Policy
Statement Regarding Open Market Desk Operations on Friday, April 15, 2022
April 1, 2022

As a result of the Securities Industry and Financial Markets Association (SIFMA) recommendation for a full market closure on Friday, April 15, 2022, the Open Market Trading Desk (Desk) does not intend to conduct operations on that date. All overnight repurchase and reverse repurchase agreements and securities lending transactions executed on Thursday, April 14, 2022 will mature on Monday, April 18, 2022. Additionally, Treasury principal payments that will be received on Friday, April 15, 2022 from maturing Treasury securities held by the System Open Market Account (SOMA) will be rolled over at auction into securities settling on Monday, April 18, 2022.

While the Desk does not intend to conduct operations on Friday, April 15, 2022, the Fedwire Securities ServiceĀ® will operate during its regular hours on that date.

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