Statement Regarding SOMA Securities Lending Program on Thursday, April 5, 2012
March 29, 2012

The Federal Reserve Bank of New York's Open Market Trading Desk (the Desk) is making the following announcement regarding the System Open Market Account (SOMA) securities lending program:

Due to the holiday trading convention expected to be adopted in the specific-issue financing market on Friday, April 6, securities loans made from the SOMA portfolio on Thursday, April 5, will mature on Monday, April 9.

While the Desk does not intend to conduct a securities lending operation on April 6, the Fedwire Securities Service will operate during its regular hours on that date.

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