http://newyorkfed.org/rss/index.html The latest posts in the news http://www.newyorkfed.org/termsofuse.html https://www.newyorkfed.org/markets/opolicy/operating_policy_220830 The New York Fed's Open Market Trading Desk intends to conduct a small value overnight repo operation with Primary Dealers and Standing Repo Facility counterparties to test its contingency operation infrastructure. 2022-08-30T15:10:14-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2022-08-30 NYFed Repurchase Agreement Small Value Exercise Repurchase Agreement Small Value Exercise Repo Open Market Trading Desk small value overnight repo operation Primary Dealers Standing Repo Facility counterparties counterparties https://www.newyorkfed.org/markets/opolicy/operating_policy_220622 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Tuesday, June 28, 2022, beginning around 1:30 PM ET and ending at 2:00 PM ET. 2022-06-22T16:09:01-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2022-06-22 NYFed Open Market Trading Desk Treasury Securities Small Value Exercise Treasury Securities https://www.newyorkfed.org/markets/opolicy/operating_policy_220531 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Tuesday, June 7, 2022 and Wednesday, June 8, 2022, beginning around 2:00 PM ET and ending at 2:30 PM ET. 2022-05-31T15:15:41-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2022-05-31 NYFed Open Market Trading Desk small value agency MBS sales operations Agency Mortgage-Backed Securities Small Value Exercise Tentative Schedule of FedTrade Agency Mortgage-Backed Securities (MBS) Small Value Operations https://www.newyorkfed.org/medialibrary/media/markets/ambs/AMBS-Schedule-sv-060722.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_220524a The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations on June 2, 2022. 2022-05-24T15:10:32-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2022-05-24 NYFed Agency Mortgage-Backed Securities Small Value Exercise Agency Mortgage-Backed Securities AMBS https://www.newyorkfed.org/markets/opolicy/operating_policy_220524 The Open Market Trading Desk at the New York Fed published its annual report, Open Market Operations During 2021. 2022-05-24T11:17:24-04:00 en Statement Regarding the Annual Report on Open Market Operations during 2021 2022-05-24 NYFed Annual Report Open Market Operations during 2021 Open Market Operations System Open Market Account SOMA Open Market Operations During 2021 https://www.newyorkfed.org/markets/annual_reports html https://www.newyorkfed.org/newsevents/news/markets/2022/20220512 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the January – March 2022 quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2022-05-12T16:12:22-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter 2022-05-12 NYFed FX Markets foreign exchange markets quarterly report Treasury and Federal Reserve Foreign Exchange Operations: Quarterly Reports https://www.newyorkfed.org/markets/quar_reports html https://www.newyorkfed.org/markets/opolicy/operating_policy_220506 Beginning May 6, 2022, the Open Market Trading Desk at the New York Fed will increase the reporting frequency of Overnight Reverse Repo awards by counterparty type. 2022-05-06T12:45:22-04:00 en Statement Regarding the Publication of Reverse Repo Operation Results by Counterparty Type 2022-05-06 NYFed Reverse Repo Operation Results Counterparty Type Open Market Trading Desk ON RRP Overnight Reverse Repo FAQs: Reverse Repurchase Agreement Operations https://www.newyorkfed.org/markets/rrp_faq.html html https://www.newyorkfed.org/markets/opolicy/operating_policy_220504 On May 4, 2022, the Federal Open Market Committee (FOMC) decided to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities (MBS) on June 1, 2022, as described in the Plans for Reducing the Size of the Federal Reserve’s Balance Sheet. 2022-05-04T14:37:17-04:00 en Statement Regarding Plans for Reducing SOMA Holdings of Treasury Securities, Agency Debt, and Agency Mortgage-Backed Securities 2022-05-04 NYFed reduce Treasury securities agency debt mortgage-backed securities MBS https://www.newyorkfed.org/markets/opolicy/operating_policy_220408 The Open Market Trading Desk at the New York Fed is implementing the following adjustment to the Standing Repo Facility counterparty eligibility criteria for depository institutions. The requirement for these institutions to have total U.S. Treasury, agency debt and agency mortgage-backed securities holdings equal to or greater than $5 billion or total assets equal to or greater than $30 billion is being reduced to $2 billion and $10 billion, respectively. 2022-04-08T10:14:31-04:00 en Statement Regarding Standing Repo Facility Counterparty Eligibility Criteria 2022-04-08 NYFed Standing Repo Facility Counterparty Eligibility Criteria Standing Repo Facility Counterparty Eligibility Criteria https://www.newyorkfed.org/markets/standing-repo-facility-counterparties html https://www.newyorkfed.org/markets/opolicy/operating_policy_220404 The New York Fed's Open Market Trading Desk intends to conduct a small value forward-settling overnight repo operation with Primary Dealers and Standing Repo Facility counterparties. The operation will be conducted via FedTrade from 10:30 AM ET to 10:45 AM ET on Monday, April 11, 2022. 2022-04-04T16:12:55-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2022-04-04 NYFed Open Market Trading Desk small value forward-settling overnight repo operation repo Primary Dealers Standing Repo Facility counterparties https://www.newyorkfed.org/markets/opolicy/operating_policy_220404a The Federal Reserve Bank of New York today released its renewed Statement of Commitment to the FX Global Code. The Code, which was initially published May 2017, is a set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign exchange market. 2022-04-04T11:11:42-04:00 en Renewed Statement of Commitment to the FX Global Code 2022-04-04 NYFed FX Global Code Statement of Commitment Statement of Commitment to the FX Global Code foreign exchange market Statement of Commitment https://www.newyorkfed.org/medialibrary/media/markets/statementofcommitment-2022.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_220401a The Securities Industry and Financial Markets Association recommends a full market closure on Friday, April 15, 2022, which will be widely treated as a holiday in the repo market. 2022-04-01T15:37:00-04:00 en Statement Regarding the Publication of Reference Rates on Friday, April 15, 2022 2022-04-01 NYFed SIFMA Securities Industry and Financial Markets Association Reference Rates https://www.newyorkfed.org/markets/opolicy/operating_policy_220401 As a result of the Securities Industry and Financial Markets Association recommendation for a full market closure on Friday, April 15, 2022, the Open Market Trading Desk does not intend to conduct operations on that date. 2022-04-01T15:32:54-04:00 en Statement Regarding Open Market Desk Operations on Friday, April 15, 2022 2022-04-01 NYFed SIFMA Securities Industry and Financial Markets Association Open Market Trading Desk Open Market Desk Operations https://www.newyorkfed.org/newsevents/news/markets/2022/20220210 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October – December 2021 quarter. 2022-02-10T16:16:11-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter 2022-02-10 NYFed fx foreign exchange Treasury markets Treasury and Federal Reserve Foreign Exchange Operations: Quarterly Reports https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2021/fxq421.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_220126 On January 26, 2022, the Federal Open Market Committee directed the Open Market Trading Desk at the New York Fed to increase the System Open Market Account holdings of Treasury securities by at least $20 billion and of agency mortgage-backed securities by at least $10 billion during the monthly purchase period beginning February 14, 2022. 2022-01-26T14:15:44-04:00 en Statement Regarding Treasury Securities and Agency Mortgage-Backed Securities Operations 2022-01-26 NYFed Federal Open Market Committee FOMC Open Market Trading Desk System Open Market Account SOMA Treasury securities agency mortgage-backed securities AMBS https://www.newyorkfed.org/markets/opolicy/operating_policy_211215 The Federal Open Market Committee reduced the monthly pace of net asset purchases by $20 billion for Treasury securities and $10 billion for agency MBS, starting with the mid-January purchase schedule. 2021-12-15T14:13:55-04:00 en Statement Regarding Treasury Securities and Agency Mortgage-Backed Securities Operations 2021-12-15 NYFed Federal Open Market Committee FOMC Treasury Securities Agency Mortgage-Backed Securities https://www.newyorkfed.org/markets/opolicy/operating_policy_211210a As a result of the Securities Industry and Financial Markets Association (SIFMA) recommendation for a full market closure on Friday, December 24, 2021, the Open Market Trading Desk does not intend to conduct operations on that date. 2021-12-10T14:19:07-04:00 en Statement Regarding Open Market Desk Operations on Friday, December 24, 2021 2021-12-10 NYFed Securities Industry and Financial Markets Association SIFMA Open Market Trading Desk Open Market Desk Operations https://www.newyorkfed.org/markets/opolicy/operating_policy_211210 The Securities Industry and Financial Markets Association (SIFMA) recommends a full market closure on Friday, December 24, 2021, which will be widely treated as a holiday in the repo market. As a result, there will be no publication of the Tri-Party General Collateral Rate (TGCR), the Broad General Collateral Rate (BGCR), the Secured Overnight Financing Rate (SOFR), or the SOFR Averages and Index on, or for, that day. 2021-12-10T14:17:04-04:00 en Statement Regarding the Publication of Reference Rates on Friday, December 24, 2021 2021-12-10 NYFed Securities Industry and Financial Markets Association SIFMA Tri-Party General Collateral Rate TGCR Broad General Collateral Rate BGCR Secured Overnight Financing Rate SOFR SOFR Averages and Index. https://www.newyorkfed.org/markets/opolicy/operating_policy_211202 The New York Fed’s Open Market Trading Desk intends to conduct one small value agency MBS sales operation, which will occur on Thursday, December 9, 2021, beginning around 2:00 PM ET and ending at 2:30 PM ET. The total current face value of sales in the operation will not exceed $90 million. 2021-12-02T15:07:08-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2021-12-02 NYFed Open Market Trading Desk Agency Mortgage-Backed Securities Agency Mortgage-Backed Securities Small Value Exercise AMBS Tentative Schedule of FedTrade Agency Mortgage-Backed Securities (MBS) Small Value Operations https://www.newyorkfed.org/medialibrary/media/markets/ambs/AMBS-Schedule-sv-120921.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_211123 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations on December 2, 2021. 2021-11-23T15:10:34-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2021-11-23 NYFed Agency Mortgage-Backed Securities Agency Mortgage-Backed Securities Small Value Exercise https://www.newyorkfed.org/newsevents/news/markets/2021/20211112 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the July – September 2021 quarter. 2021-11-12T16:22:46-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Third Quarter 2021-11-12 NYFed fx foreign exchange Treasury markets Treasury and Federal Reserve Foreign Exchange Operations: Quarterly Reports https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2021/fxq321.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_211103 On November 3, 2021, the Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to increase the System Open Market Account holdings of Treasury securities by at least $70 billion per month and of agency mortgage-backed securities (MBS) by at least $35 billion per month during the monthly purchase period beginning in mid-November. 2021-11-03T14:22:58-04:00 en Statement Regarding Treasury Securities, Agency Mortgage-Backed Securities, and Agency Commercial Mortgage-Backed Securities Operations 2021-11-03 NYFed FOMC Federal Open Market Committee Open Market Trading Desk SOMA System Open Market Account Treasury Securities Agency Mortgage-Backed Securities Agency Commercial Mortgage-Backed Securities https://www.newyorkfed.org/markets/opolicy/operating_policy_211020 The New York Fed’s Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure. The small value contingency operation will be conducted in addition to the regularly scheduled securities lending operation, and will occur on Wednesday, October 27, 2021, beginning at 12:30 PM ET and ending at 12:45 PM ET. The exercise will have a maximum size of $120 million. 2021-10-20T15:08:13-04:00 en Statement Regarding Securities Lending Small Value Exercise 2021-10-20 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_210922 The Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to conduct overnight reverse repurchase agreement (ON RRP) operations with a per-counterparty limit of $160 billion per day, effective September 23, 2021. 2021-09-22T14:12:08-04:00 en Statement to Revise Terms of Overnight Reverse Repurchase Agreements 2021-09-22 NYFed Federal Open Market Committee Open Market Trading Desk overnight reverse repurchase agreement operation ON RRP operation https://www.newyorkfed.org/markets/opolicy/operating_policy_210831 The Open Market Trading Desk at the Federal Reserve Bank of New York has released its expression of interest form for Standing Repo Facility counterparties. 2021-08-31T14:49:52-04:00 en Statement Regarding Standing Repo Facility Counterparties 2021-08-31 NYFed Standing Repo Facility counterparties Standing Repo Facility Counterparties https://www.newyorkfed.org/markets/standing-repo-facility-counterparties html https://www.newyorkfed.org/markets/opolicy/operating_policy_210728 The Federal Open Market Committee announced the establishment of a domestic standing repurchase agreement (repo) facility (SRF) and a repo facility for foreign and international monetary authorities (FIMA repo facility). 2021-07-28T14:14:39-04:00 en Statement Regarding Repurchase Agreements 2021-07-28 NYFed Federal Open Market Committee FOMC domestic standing repurchase agreement facility repo facility for foreign and international monetary authorities FIMA repo facility SRF repo facility FAQs: Standing Repo Facility https://www.newyorkfed.org/markets/repo-agreement-ops-faq html https://www.newyorkfed.org/markets/opolicy/operating_policy_210617 In light of the new federal holiday, Juneteenth National Independence Day, falling on a Saturday in 2021, the Securities Industry and Financial Markets Association (SIFMA) is not recommending a fixed income market close and U.S. dollar funding markets are expected to be open. Please note there will be no change to planned open market operations or reference rates publication on Friday, June 18, 2021. 2021-06-17T16:38:03-04:00 en Statement Regarding Open Market Operations and the Publication of Reference Rates on June 18, 2021 2021-06-17 NYFed Juneteenth National Independence Day Securities Industry and Financial Markets Association SIFMA Open Market Operations Reference Rates Additional Information about Reference Rates Administered by the New York Fed https://www.newyorkfed.org/markets/reference-rates/additional-information-about-reference-rates html https://www.newyorkfed.org/markets/opolicy/operating_policy_210615 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Tuesday, June 22, 2021 and Thursday, June 24, 2021, beginning around 2:00 PM ET and ending at 2:30 PM ET. 2021-06-15T15:14:29-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2021-06-15 NYFed Open Market Trading Desk small value agency MBS sales operations OPerating Schedule https://www.newyorkfed.org/medialibrary/media/markets/ambs/AMBS-Schedule-sv-062221.pdf pdf https://www.newyorkfed.org/newsevents/news/markets/2021/20210603 The Federal Reserve Bank of New York today announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin gradual sales of its holdings of corporate bond exchange-traded funds (ETFs) on June 7, consistent with plans announced by the Board of Governors to begin winding down the SMCCF portfolio. 2021-06-03T09:27:01-04:00 en New York Fed Announces the Start of Secondary Market Corporate Credit Facility ETF Sales on June 7 2021-06-03 NYFed Secondary Market Corporate Credit Facility SMCCF corporate bond exchange-traded funds ETFs FAQs: Secondary Market Corporate Credit Facility https://www.newyorkfed.org/markets/primary-and-secondary-market-faq/corporate-credit-facility-faq html https://www.newyorkfed.org/markets/opolicy/operating_policy_210525 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations on June 1st and 3rd, 2021. 2021-05-25T15:11:24-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2021-05-25 NYFed small value agency MBS coupon swap operations Open Market Trading Desk https://www.newyorkfed.org/markets/opolicy/operating_policy_210524a The New York Fed's Open Market Trading Desk intends to conduct a small value overnight repo operation with Primary Dealers to test its contingency operation infrastructure. 2021-05-24T15:24:42-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2021-05-24 NYFed small value overnight repo operation Primary Dealers Repurchase Agreement Small Value Exercise https://www.newyorkfed.org/markets/opolicy/operating_policy_210524 The Open Market Trading Desk at the Federal Reserve Bank of New York has published its annual report, Open Market Operations during 2020. 2021-05-24T12:17:49-04:00 en Statement Regarding the Annual Report on Open Market Operations during 2020 2021-05-24 NYFed Annual Report Open Market Operations Open Market Operations during 2020 https://www.newyorkfed.org/markets/annual_reports html https://www.newyorkfed.org/newsevents/news/markets/2021/20210513 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the January – March 2021 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2021-05-13T16:18:28-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter 2021-05-13 NYFed Federal Reserve Treasury foreign exchange fx Treasury and Federal Reserve Foreign Exchange Operations: Quarterly Reports https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2021/fxq121.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_210513 Effective May 14, 2021, the Open Market Trading Desk at the Federal Reserve Bank of New York is making technical adjustments to its purchases of Treasury securities conducted on behalf of the Federal Open Market Committee. 2021-05-13T15:26:20-04:00 en Statement Regarding Treasury Securities Operations 2021-05-13 NYFed Treasury Securities Operations Open Market Trading Desk FOMC Federal Open Market Committee FAQs: Treasury Purchases https://www.newyorkfed.org/markets/treasury-reinvestments-purchases-faq.html html https://www.newyorkfed.org/markets/opolicy/operating_policy_210430 The New York Fed has made adjustments to the reverse repurchase (RRP) counterparty eligibility criteria. 2021-04-30T10:18:01-04:00 en Statement Regarding Reverse Repurchase Transaction Counterparties 2021-04-30 NYFed Reverse Repurchase Transaction Counterparties RRP Reverse Repo Counterparties https://www.newyorkfed.org/markets/rrp_counterparties html https://www.newyorkfed.org/markets/opolicy/operating_policy_210408 The New York Fed's Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure. The small value contingency operation will be conducted in addition to the regularly scheduled securities lending operation, and will occur on Tuesday, April 13, 2021, beginning at 12:30 PM ET and ending at 12:45 PM ET. The exercise will have a maximum size of $120 million. 2021-04-08T16:53:25-04:00 en Statement Regarding Securities Lending Small Value Exercise 2021-04-08 NYFed Statement Securities Lending Small Value Exercise https://www.newyorkfed.org/markets/opolicy/operating_policy_210317 The Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to conduct overnight reverse repurchase agreement operations with a per-counterparty limit of $80 billion per day, effective March 18, 2021. 2021-03-17T14:15:42-04:00 en Statement to Revise Terms of Overnight Reverse Repurchase Agreements 2021-03-17 NYFed FOMC Overnight Reverse Repurchase Agreements ON RRP https://www.newyorkfed.org/markets/opolicy/operating_policy_210317a In light of the sustained smooth functioning of markets for agency commercial mortgage-backed securities, the Open Market Trading Desk at the Federal Reserve Bank of New York will no longer conduct regular operations to purchase agency CMBS at the conclusion of the current schedule. The agency CMBS purchase operation currently scheduled for March 23, 2021 is expected to be the last regularly-scheduled purchase operation. 2021-03-17T14:13:11-04:00 en Statement Regarding Agency Commercial Mortgage-Backed Securities Operations 2021-03-17 NYFed Agency Commercial Mortgage-Backed Securities Operations agency CMBS Agency Commercial Mortgage-Backed Securities Operation Schedule https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/agency-commercial-mortgage-backed-securities/agency-commercial-mortgage-backed-securities-schedule html https://www.newyorkfed.org/markets/opolicy/operating_policy_210303a There will be no publication of the Tri-Party General Collateral Rate (TGCR), the Broad General Collateral Rate (BGCR), the Secured Overnight Financing Rate (SOFR), or the SOFR Averages and Index on, or for, Friday, April 2, 2021. Publication of the Effective Federal Funds Rate (EFFR) and Overnight Bank Funding Rate (OBFR) follow the New York Fed’s holiday schedule and will be published on Friday, April 2, 2021. 2021-03-03T14:24:27-04:00 en Statement Regarding the Publication of Reference Rates on Friday, April 2, 2021 2021-03-03 NYFed Reference Rates Tri-Party General Collateral Rate TGCR Broad General Collateral Rate BGCR Secured Overnight Financing Rate SOFR SOFR Averages and Index Effective Federal Funds Rate EFFR Overnight Bank Funding Rate OBFR March Employment Situation report Good Friday https://www.newyorkfed.org/markets/opolicy/operating_policy_210303 Due to the release of the March Employment Situation report on Good Friday, the Securities Industry and Financial Markets Association is not recommending a full closure for secondary market trading of U.S. government securities on April 2, 2021. 2021-03-03T14:20:38-04:00 en Statement Regarding Open Market Desk Operations on Thursday, April 1, 2021 2021-03-03 NYFed Open Market Desk Operations March Employment Situation report Good Friday https://www.newyorkfed.org/newsevents/news/markets/2021/20210301 The Federal Reserve Bank of New York today announced the selection of additional counterparties to support agency commercial mortgage backed securities (agency CMBS) purchases. The additional agency CMBS approved counterparties are Great Pacific Securities and Robert W. Baird & Co. Incorporated. 2021-03-01T10:20:17-04:00 en New York Fed Selects Additional Firms To Broaden its Counterparty Base for Agency CMBS 2021-03-01 NYFed Counterparty Agency CMBS Agency Commercial Mortgage-Backed Securities Approved Counterparties https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/agency-commercial-mortgage-backed-securities/agency-commercial-mortgage-backed-securities-counterparties html https://www.newyorkfed.org/newsevents/news/markets/2021/20210211 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October – December 2020 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2021-02-11T16:10:01-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter 2021-02-11 NYFed Federal Reserve U.S. Treasury foreign exchange markets Federal Reserve Bank of New York TREASURY AND FEDERAL RESERVE FOREIGN EXCHANGE OPERATIONS https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2020/fxq420.pdf pdf https://www.newyorkfed.org/newsevents/news/markets/2021/20210208a The Federal Reserve Bank of New York today announced that it is launching a prequalification process for cash investment management services for the Term Asset-Backed Security Loan Facility. This is part of a multiphase competitive procurement process commenced by the New York Fed in October 2020. 2021-02-08T13:12:50-04:00 en New York Fed Launches Prequalification Process for Potential Cash Investment Manager for Term Asset-Backed Securities Loan Facility as Part of Competitive Procurement 2021-02-08 NYFed Cash Investment Manager Term Asset-Backed Securities Loan Facility TALF Competitive Procurement Term Asset-Backed Securities Loan Facility https://www.newyorkfed.org/markets/term-asset-backed-securities-loan-facility html https://www.newyorkfed.org/newsevents/news/markets/2021/20210208 The Federal Reserve Bank of New York today announced an agreement with a new cash investment manager for the Secondary Market Corporate Credit Facility (SMCCF) following the completion of its previously announced competitive procurement process. After submitting a prequalification document, selected firms were asked to respond to a request for proposal (RFP). Of the firms that responded to the RFP, Payden & Rygel, a private, California-based global investment adviser, was selected as the new cash investment manager for the SMCCF. 2021-02-08T09:29:58-04:00 en New York Fed Completes Competitive Procurement Process for Cash Investment Manager for the Secondary Market Corporate Credit Facility 2021-02-08 NYFed Secondary Market Corporate Credit Facility SMCCF competitive procurement Payden & Rygel Secondary Market Corporate Credit Facility https://www.newyorkfed.org/markets/secondary-market-corporate-credit-facility html https://www.newyorkfed.org/newsevents/news/markets/2021/20210204 The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, agency commercial mortgage backed securities purchases and the Commercial Paper Funding Facility. 2021-02-04T10:26:15-04:00 en New York Fed Selects Additional Firms To Broaden its Counterparty Base for Agency CMBS and CPFF 2021-02-04 NYFed Counterparty Agency CMBS CPFF agency commercial mortgage backed securities Commercial Paper Funding Facility The Federal Reserve Bank of New York today announced that it is launching a prequalification process for corporate bond and exchanged-traded funds (ETF) investment management services for the Secondary Market Corporate Credit Facility (SMCCF). This is part of a multiphase competitive procurement process commenced by the New York Fed in October 2020. 2021-02-01T11:23:49-04:00 en New York Fed Launches Prequalification Process for Corporate Bond and ETF Investment Management Services for Secondary Market Corporate Credit Facility as Part of Multiphase Competitive Procurement Process 2021-02-01 NYFed Prequalification Process Corporate Bond ETF Investment Management Services Secondary Market Corporate Credit Facility Competitive Procurement Process https://www.newyorkfed.org/markets/opolicy/operating_policy_210127 In light of the sustained smooth functioning of short-term U.S. dollar funding markets and consistent with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York will no longer offer regularly-scheduled one-month term repo operations following the current monthly scheduling period. The one-month term repo operations scheduled for February 2 and 9 will be the last regularly-scheduled term repo operations. 2021-01-27T14:19:07-04:00 en Statement Regarding Repurchase Operations 2021-01-27 NYFed Repurchase Operations repo operation schedule Repurchase Agreement Operational Details https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details html https://www.newyorkfed.org/markets/opolicy/operating_policy_201216 Effective December 17, 2020, the Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to continue to increase the System Open Market Account holdings of Treasury securities by $80 billion per month and of agency mortgage-backed securities by $40 billion per month. 2020-12-16T14:22:21-04:00 en Statement Regarding Treasury Securities, Agency Mortgage-Backed Securities, and Agency Commercial Mortgage-Backed Securities Operations 2020-12-16 NYFed Treasury Securities Agency Mortgage-Backed Securities Agency Commercial Mortgage-Backed Securities FOMC SOMA https://www.newyorkfed.org/newsevents/news/markets/2020/20201209 The New York Fed today announced that it is launching a prequalification process for cash investment management services for the Commercial Paper Funding Facility (CPFF). This is part of a multiphase competitive procurement process commenced by the New York Fed in October. 2020-12-09T11:18:04-04:00 en New York Fed Launches Prequalification Process for Potential Cash Investment Manager for Commercial Paper Funding Facility as Part of Competitive Procurement 0001-01-01 NYFed Prequalification Potential Cash Investment Manager Commercial Paper Funding Facility CPFF Competitive Procurement Prequalification Materials for CPFF Cash Investment Management Services https://www.newyorkfed.org/medialibrary/media/markets/13-3-facilities/cpff-prequalification-cash-investment-management-services pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_201204 The Federal Reserve Bank of New York Open Market Trading Desk concluded the small value coupon swap exercise. 2020-12-04T15:09:11-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Coupon Swap Exercise Results 2020-12-04 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_201124 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations on December 1st and 3rd, 2020. 2020-11-24T15:11:03-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2020-11-24 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_201116 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Wednesday, November 18, 2020, beginning around 1:30 PM ET and ending at 2:00 PM ET. 2020-11-16T15:10:17-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2020-11-16 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_201116a The Open Market Trading Desk at the Federal Reserve Bank of New York intends to conduct a small value overnight reverse repo operation with Primary Dealers and Reverse Repo Counterparties to test its contingency operation infrastructure. The bid submission process will open at 9:45 AM ET and end at 10:00 AM ET on Wednesday, November 18, 2020. 2020-11-16T11:41:02-04:00 en Statement Regarding Reverse Repurchase Agreement Small Value Exercise 2020-11-16 NYFed https://www.newyorkfed.org/newsevents/news/markets/2020/20201106 The New York Fed today announced the selection of additional counterparties to support, as applicable, the Commercial Paper Funding Facility (CPFF) and the Secondary Market Corporate Credit Facility (SMCCF). 2020-11-09T11:13:44-04:00 en New York Fed Selects Additional Firms To Broaden its Counterparty Base for CPFF and SMCCF 2020-11-06 NYFed Counterparty CPFF SMCCF paper secondary credit https://www.newyorkfed.org/newsevents/news/markets/2020/20201023 The New York Fed today announced the selection of additional counterparties to support, as applicable, the Commercial Paper Funding Facility (CPFF) and the Secondary Market Corporate Credit Facility (SMCCF). 2020-10-23T10:13:31-04:00 en New York Fed Selects Additional Firms to Broaden its Counterparty Base for CPFF and SMCCF 2020-10-23 NYFed Commercial Paper Funding Facility CPFF Secondary Market Corporate Credit Facility SMCCF counterparties https://www.newyorkfed.org/newsevents/news/markets/2020/20201022 The Federal Reserve Bank of New York has released a revised Master Loan and Security Agreement (MLSA) and updated Frequently Asked Questions (FAQs). 2020-10-22T16:15:35-04:00 en New York Fed Revises Master Loan and Security Agreement and Releases Related Updates to Frequently Asked Questions on the Term Asset-Backed Securities Loan Facility (TALF) 2020-10-22 NYFed Master Loan and Security Agreement Frequently Asked Questions Term Asset-Backed Securities Loan Facility TALF FAQs: Term Asset-Backed Securities Loan Facility https://www.newyorkfed.org/markets/term-asset-backed-securities-loan-facility/term-asset-backed-securities-loan-facility-faq html https://www.newyorkfed.org/newsevents/news/markets/2020/20201019 The New York Fed today announced the selection of additional counterparties to support, as applicable, agency commercial mortgage backed securities (agency CMBS) purchases and the Commercial Paper Funding Facility (CPFF). 2020-10-19T10:15:12-04:00 en New York Fed Selects Additional Firms To Broaden its Counterparty Base for Agency CMBS and CPFF 2020-10-19 NYFed Counterparty Agency CMBS CPFF agency commercial mortgage backed securities Commercial Paper Funding Facility https://www.newyorkfed.org/markets/opolicy/operating_policy_201013 The New York Fed's Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure. The small value contingency operation will be conducted in addition to the regularly scheduled securities lending operation, and will occur on Thursday, October 15, 2020, beginning at 12:30 PM ET and ending at 12:45 PM ET. The exercise will have a maximum size of $240 million. 2020-10-13T14:06:26-04:00 en Statement Regarding Securities Lending Small Value Exercise 2020-10-13 NYFed https://www.newyorkfed.org/newsevents/news/markets/2020/20201006 The Federal Reserve Bank of New York has announced a deadline for submitting a Notice of Interest (NOI) to the Municipal Liquidity Facility (MLF). 2020-10-06T17:04:50-04:00 en New York Fed Announces Notice of Interest Deadline for Municipal Liquidity Facility 2020-10-06 NYFed Notice of Interest NOI Municipal Liquidity Facility MLF FAQS: Municipal Liquidity Facility https://www.newyorkfed.org/markets/municipal-liquidity-facility/municipal-liquidity-facility-faq html https://www.newyorkfed.org/newsevents/news/markets/2020/20201005 The Federal Reserve Bank of New York today announced that it is initiating a multiphase competitive procurement process for key vendor roles across several of the emergency lending facilities established under section 13(3) of the Federal Reserve Act and purchase of agency commercial mortgage-backed securities (agency CMBS). 2020-10-05T12:27:35-04:00 en New York Fed Begins Competitive Procurement Process for Certain Vendor Roles Supporting Emergency Lending Facilities and Programs 2020-10-05 NYFed Secondary Market Corporate Credit Facility SMCCF Primary Market Corporate Credit Facility PMCCF Emergency Lending Facilities Competitive Procurement Competitive Procurement Process for Certain Vendor Roles Supporting Emergency Lending Facilities and Programs https://www.newyorkfed.org/markets/13-3-facility/13-3-facility-competitive-bidding html https://www.newyorkfed.org/markets/opolicy/operating_policy_201005 The New York Fed's Open Market Trading Desk intends to conduct a small value overnight repo operation with Primary Dealers to test its contingency operation infrastructure; the bid submission process will be conducted from 9:45 AM ET to 10:00 AM ET on Wednesday, October 7. 2020-10-05T10:31:57-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2020-10-05 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_201001 The New York Fed’s Open Market Trading Desk intends to conduct one small value agency mortgage-backed securities To-Be-Announced purchase operation on Wednesday, October 7, 2020, beginning around 9:00 AM ET and ending at 9:30 AM ET. 2020-10-01T15:15:45-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2020-10-01 NYFed Agency Mortgage-Backed Securities Small Value Exercise Tentative Schedule of FedTrade Agency Mortgage-Backed Securities Small Value Operations https://www.newyorkfed.org/medialibrary/media/markets/ambs/AMBS-Schedule-100120 pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_200916 Effective September 16, 2020, the Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to continue to increase the System Open Market Account holdings of Treasury securities and agency mortgage-backed securities at the current pace. 2020-09-16T14:16:21-04:00 en Statement Regarding Treasury Securities, Agency Mortgage-Backed Securities, and Agency Commercial Mortgage-Backed Securities Operations 2020-09-16 NYFed Federal Open Market Committee FOMC Open Market Trading Desk Federal Reserve Bank of New York System Open Market Account SOMA holdings Treasury securities agency mortgage-backed securities agency MBS https://www.newyorkfed.org/newsevents/news/markets/2020/20200909 The New York Fed today announced the first wave of additional counterparties that it has selected to support the Commercial Paper Funding Facility (CPFF) and the Secondary Market Corporate Credit Facility (SMCCF). 2020-09-09T11:33:16-04:00 en 2020-09-09 NYFed smccf cpff Counterparty counterparties Secondary Commercial Paper New York Fed Announces the First Wave of Firms Selected To Broaden its Counterparty Base for CPFF and SMCCF https://www.newyorkfed.org/press/index.html html https://www.newyorkfed.org/newsevents/news/markets/2020/20200904 The New York Fed today announced that it is looking to expand the approved counterparties for the Open Market Trading Desk's purchases of agency commercial mortgage-backed securities (agency CMBS). 2020-09-04T14:36:14-04:00 en New York Fed Looks to Expand Agency Commercial Mortgage-Backed Securities Counterparties 2020-09-04 NYFed counterparties CMBS expand agency FAQ: Agency Commercial Mortgage-Backed Securities https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/agency-commercial-mortgage-backed-securities/agency-commercial-mortgage-backed-securities-faq#counterparties html https://www.newyorkfed.org/newsevents/news/markets/2020/20200813 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2020 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2020-08-13T17:00:10-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter 2020-08-13 NYFed fx foreign exchange Treasury and Federal Reserve Foreign Exchange Operations https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2020/fxq220.pdf pdf https://www.newyorkfed.org/newsevents/news/markets/2020/20200723 The New York Fed today announced that it is looking to expand its counterparties and agents, as applicable, for the Commercial Paper Funding Facility (CPFF), the Secondary Market Corporate Credit Facility (SMCCF) and the Term Asset-Backed Securities Loan Facility (TALF). 2020-07-23T15:12:41-04:00 en New York Fed Looks to Expand 13(3) Facilities Counterparties and Agents for CPFF, SMCCF and TALF 2020-07-23 NYFed cpff smccf talf Counterparties 13(3) New York Fed Actions Related to COVID-19 https://www.newyorkfed.org/markets/new-york-fed-actions-related-to-covid-19 html https://www.newyorkfed.org/markets/opolicy/operating_policy_200706 The New York Fed today updated its Statement of Compliance with the IOSCO Principles for Financial Benchmarks. 2020-07-06T15:17:44-04:00 en Statement on IOSCO Compliance for Federal Reserve Bank of New York Administered Reference Rates 2020-07-06 NYFed IOSCO Compliance Reference Rates Statement of Compliance Statement of Compliance https://www.newyorkfed.org/medialibrary/media/markets/IOSCO-statement-of-compliance-jul2020 pdf https://www.newyorkfed.org/newsevents/news/markets/2020/20200629 The New York Fed today announced that the Primary Market Corporate Credit Facility (PMCCF) is operational and available for use beginning June 29. 2020-06-29T14:15:50-04:00 en New York Fed Announces Primary Market Corporate Credit Facility Launches on June 29 2020-06-29 NYFed Primary Market Corporate Credit Facility PMCCF Primary Market Corporate Credit Facility https://www.newyorkfed.org/markets/primary-Market-corporate-credit-facility html https://www.newyorkfed.org/markets/opolicy/operating_policy_200625 The Securities Industry and Financial Markets Association recommends a market close on Friday, July 3, 2020, which will be widely treated as a holiday in the repo market. As a result, there will be no publication of the Tri-Party General Collateral Rate (TGCR), the Broad General Collateral Rate (BGCR), the Secured Overnight Financing Rate (SOFR), or the SOFR Averages and Index on that day. 2020-06-25T15:17:16-04:00 en Statement Regarding the Publication of Reference Rates on Friday, July 3, 2020 2020-06-25 NYFed Tri-Party General Collateral Rate TGCR Broad General Collateral Rate BGCR Secured Overnight Financing Rate SOFR SOFR Averages and Index Reference Rates https://www.newyorkfed.org/markets/opolicy/operating_policy_200619 Due to the Securities Industry and Financial Markets Association’s recommended market close on Friday, July 3, 2020, all overnight repurchase and reverse repurchase agreements and securities lending trades executed on Thursday, July 2 will mature on Monday, July 6, 2020. Additionally, any Treasury security purchases executed on Thursday, July 2 will settle on Monday, July 6, 2020. While the Open Market Trading Desk does not intend to conduct operations on July 3, the Fedwire Securities Service will operate during its regular hours on that date. 2020-06-19T14:10:55-04:00 en Statement Regarding Open Market Desk Operations on Thursday July 2, 2020 2020-06-19 NYFed overnight repurchase reverse repurchase agreements securities lending Treasury security purchases Fedwire Securities Service https://www.newyorkfed.org/newsevents/news/markets/2020/20200615 The New York Fed today announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin buying corporate bonds on June 16. 2020-06-15T14:23:41-04:00 en New York Fed Announces Start of Additional Secondary Market Corporate Credit Facility Purchases on June 16 2020-06-15 NYFed Secondary Market Corporate Credit Facility SMCCF Secondary Market Corporate Credit Facility https://www.newyorkfed.org/markets/secondary-market-corporate-credit-facility html https://www.newyorkfed.org/markets/opolicy/operating_policy_200615 The New York Fed's Open Market Trading Desk intends to conduct a small value overnight repo operation to test its contingency operation infrastructure. The operation will be conducted from 9:45 AM ET to 10:00 AM ET on Wednesday, June 17th and is open to all Primary Dealers. 2020-06-15T12:13:20-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2020-06-15 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_200611 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Tuesday, June 16, 2020, beginning around 1:30 PM ET and ending at 2:00 PM ET. 2020-06-11T14:10:59-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2020-06-11 NYFed small value Treasury sale operation Treasury Securities Small Value Exercise https://www.newyorkfed.org/markets/opolicy/operating_policy_200528 The Federal Reserve Bank of New York Open Market Trading Desk concluded the small value coupon swap exercise. 2020-05-28T15:29:41-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Coupon Swap Exercise Results 2020-05-28 NYFed https://www.newyorkfed.org/newsevents/news/markets/2020/20200520 The New York Fed today announced the first loan subscription date for the Term Asset-Backed Securities Loan Facility (TALF) and released an expanded set of Frequently Asked Questions (FAQs) and other documents pertaining to the facility's operations. 2020-05-20T10:45:04-04:00 en New York Fed Announces the First Subscription Date of June 17 for the Term Asset-Backed Securities Loan Facility and Releases Additional Information 2020-05-20 NYFed talf term asset facility faq Term Asset-Backed Securities Loan Facility https://www.newyorkfed.org/markets/term-asset-backed-securities-loan-facility html https://www.newyorkfed.org/markets/opolicy/operating_policy_200519 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations on May 26th and 27th, 2020. 2020-05-19T15:07:13-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2020-05-19 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_200518 The New York Fed's Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure on Thursday, May 21, 2020, beginning at 12:30 PM ET and ending at 12:45 PM ET. 2020-05-18T15:40:14-04:00 en Statement Regarding Securities Lending Small Value Exercise 2020-05-18 NYFed Open Market Trading Desk small value contingency securities lending operation https://www.newyorkfed.org/newsevents/news/markets/2020/20200515 The New York Fed today released a Notice of Interest (NOI) for Eligible Issuers to express interest in selling notes to the special purpose vehicle (SPV) Municipal Liquidity Facility LLC. 2020-05-15T09:33:00-04:00 en New York Fed Releases Notice of Interest for the Municipal Liquidity Facility 2020-05-15 NYFed Municipal Liquidity Facility Notice of Interest Notice of Interest https://www.newyorkfed.org/medialibrary/media/markets/mlf-notice-of-interest pdf https://www.newyorkfed.org/newsevents/news/markets/2020/20200514 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the January - March 2020 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2020-05-14T17:27:35-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter 2020-05-14 NYFed fx foreign exchange Treasury and Federal Reserve Foreign Exchange Operations https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2020/fxq120.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_200513 The Open Market Trading Desk at the New York Fed has released the schedule of large-scale overnight and term repurchase agreement operations for the monthly period from May 14, 2020 through June 11, 2020. 2020-05-13T15:11:06-04:00 en Statement Regarding Repurchase Operations 2020-05-13 NYFed Repurchase Agreement Operational Details Repurchase Operations Repurchase Agreement Operational Details https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details#operation-schedule-parameters html https://www.newyorkfed.org/newsevents/news/markets/2020/20200512 Following the Federal Reserve Board's announcement establishing the Term Asset-Backed Securities Loan Facility, and the announcement of updated terms and conditions, the New York Fed has released an initial set of Frequently Asked Questions to address programmatic inquiries about the facility. 2020-05-12T13:27:42-04:00 en New York Fed Releases Frequently Asked Questions on the Term Asset-Backed Securities Loan Facility (TALF) 2020-05-12 NYFed Frequently Asked Questions Term Asset-Backed Securities Loan Facility TALF Frequently Asked Questions https://www.newyorkfed.org/markets/term-asset-backed-securities-loan-facility/term-asset-backed-securities-loan-facility-faq html https://www.newyorkfed.org/newsevents/news/markets/2020/20200511 The Federal Reserve Bank of New York today announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin purchases of exchange-traded funds (ETFs) on May 12. 2020-05-11T20:22:41-04:00 en New York Fed Announces Start of Certain Secondary Market Corporate Credit Facility Purchases on May 12 2020-05-11 NYFed Secondary Market Corporate Credit Facility SMCCF etf Secondary Market Corporate Credit Facility https://www.newyorkfed.org/markets/secondary-market-corporate-credit-facility html https://www.newyorkfed.org/markets/opolicy/operating_policy_200506 The U.S. Treasury has announced that it intends to begin issuing a 20-year nominal coupon bond, with the first auction occurring on May 20, 2020. Consistent with past practices, the Open Market Trading Desk at the Federal Reserve Bank of New York is prepared to include the 20-year bond in System Open Market Account operations and treat it in a similar manner to other nominal coupon Treasury securities, effective immediately. 2020-05-06T15:18:40-04:00 en Statement Regarding Treatment of 20-year Nominal Coupon Bond in SOMA Operations 2020-05-06 NYFed 20-year Nominal Coupon Bond SOMA Operations FAQs: Treasury Rollovers https://www.newyorkfed.org/markets/treasury-rollover-faq.html html https://www.newyorkfed.org/newsevents/news/markets/2020/20200501 The New York Fed today released an expanded set of Frequently Asked Questions regarding the Primary Market and Secondary Market Corporate Credit Facilities. 2020-05-04T09:16:35-04:00 en New York Fed Releases Additional Information on Primary Market and Secondary Market Corporate Credit Facilities in Preparation for Series of May Launches 2020-05-04 NYFed Frequently Asked Questions Primary Market Corporate Credit Facility Secondary Market Corporate Credit Facility FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility https://www.newyorkfed.org/markets/primary-and-secondary-market-faq/corporate-credit-facility-faq html https://www.newyorkfed.org/newsevents/news/markets/2020/20200417 The New York Fed today released a set of Frequently Asked Questions to address programmatic inquiries about the Primary Market and Secondary Market Corporate Credit Facilities. 2020-04-17T17:23:53-04:00 en New York Fed Releases Frequently Asked Questions on the Primary Market and Secondary Market Corporate Credit Facilities 2020-04-17 NYFed PMCCF SMCCF faq Frequently Asked Questions primary secondary credit facility corporate Frequently Asked Questions: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility https://www.newyorkfed.org/markets/primary-and-secondary-market-faq/corporate-credit-facility-faq html https://www.newyorkfed.org/markets/opolicy/operating_policy_200413 The Open Market Trading Desk at the Federal Reserve Bank of New York has released the schedule of large-scale overnight and term repurchase agreement operations for the monthly period from April 14, 2020 through May 13, 2020. 2020-04-13T16:24:59-04:00 en Statement Regarding Repurchase Operations 2020-04-13 NYFed Repurchase Agreement Operational Details https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details#operation-schedule-parameters html https://www.newyorkfed.org/markets/opolicy/operating_policy_200330 The Open Market Trading Desk at the Federal Reserve Bank of New York has changed the start time of the Overnight Reverse Repo operation scheduled on March 31, 2020 to 12:30 PM ET from 12:45 PM ET. 2020-03-30T15:09:49-04:00 en Statement Regarding Overnight Reverse Repurchase Operation on Tuesday, March 31, 2020 2020-03-30 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_200327 The Securities Industry and Financial Markets Association (SIFMA) recommends a market close on Friday, April 10, 2020, which will be widely treated as a holiday in the repo market. As a result, there will be no publication of the Tri-Party General Collateral Rate ,the Broad General Collateral Rate, the Secured Overnight Financing Rate, or the SOFR Averages and Index on that day. 2020-03-27T15:38:19-04:00 en Statement Regarding the Publication of Reference Rates on Friday, April 10, 2020 2020-03-27 NYFed https://www.newyorkfed.org/newsevents/news/markets/2020/20200325 The New York Fed has released a set of Frequently Asked Questions to address programmatic inquiries about the facility. 2020-03-25T12:33:27-04:00 en New York Fed Releases Frequently Asked Questions on the Commercial Paper Funding Facility 2020-03-25 NYFed cpff Commercial Paper Funding Facility FAQs: Commercial Paper Funding Facility https://www.newyorkfed.org/markets/commercial-paper-funding-facility/commercial-paper-funding-facility-faq html https://www.newyorkfed.org/markets/opolicy/operating_policy_200323 Effective March 23, 2020, the Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to increase the System Open Market Account (SOMA) holdings of Treasury securities and agency mortgage-backed securities in the amounts needed to support the smooth functioning of markets for Treasury securities and agency MBS. 2020-03-23T08:14:01-04:00 en Statement Regarding Treasury Securities and Agency Mortgage-Backed Securities Operations 2020-03-23 NYFed Treasury Securities Agency Mortgage-Backed Securities https://www.newyorkfed.org/markets/opolicy/operating_policy_200320a In accordance with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York will conduct additional overnight repurchase agreement operations for same-day settlement each afternoon from 1:30 PM ET to 1:45 PM ET for the remainder of the current monthly operational schedule. 2020-03-20T13:51:01-04:00 en Statement Regarding Repurchase Operations 2020-03-20 NYFed Repurchase Agreement Operational Details https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details html https://www.newyorkfed.org/markets/opolicy/operating_policy_200320 In accordance with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York has updated the current bi-weekly schedule of agency MBS purchase operations. 2020-03-20T13:48:11-04:00 en Statement Regarding Agency MBS Purchase Operations 2020-03-20 NYFed Tentative Outright Agency Mortgage-Backed Securities Operation Schedule https://www.newyorkfed.org/markets/ambs_operation_schedule html https://www.newyorkfed.org/markets/opolicy/operating_policy_200319 In accordance with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York has updated the current bi-weekly schedule of agency MBS purchase operations. 2020-03-19T10:57:15-04:00 en Statement Regarding Agency MBS Purchase Operations 2020-03-19 NYFed Tentative Outright Agency Mortgage-Backed Securities Operation Schedule https://www.newyorkfed.org/markets/ambs_operation_schedule html https://www.newyorkfed.org/markets/opolicy/operating_policy_200316 In accordance with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York will conduct an additional overnight repurchase agreement operation for same-day settlement today from 1:30 PM ET to 1:45 PM ET. 2020-03-16T11:54:20-04:00 en Statement Regarding Repurchase Operations 2020-03-16 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_200315 Effective March 16, 2020, the Federal Open Market Committee directed the Open Market Trading Desk to increase over coming months the System Open Market Account holdings of Treasury securities and agency mortgage-backed securities by at least $500 billion and at least $200 billion, respectively. 2020-03-15T18:27:34-04:00 en Statement Regarding Treasury Securities, Agency Mortgage-Backed Securities, and Repurchase Agreement Operations 2020-03-15 NYFed Treasury Securities Agency Mortgage-Backed Securities Repurchase Agreement Operations https://www.newyorkfed.org/newsevents/news/markets/2020/20200213 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October – December 2019 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2020-02-13T16:26:34-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter 2020-02-14 NYFed fx markets exchange foreign Treasury and Federal Reserve Foreign Exchange Operations https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2019/fxq419.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_200212 Beginning on March 2, 2020, the New York Fed, as administrator of the Secured Overnight Financing Rate (SOFR) and in cooperation with the Treasury Department's Office of Financial Research (OFR), will publish 30-, 90-, and 180-day SOFR Averages as well as a SOFR Index, in order to support a successful transition away from U.S. dollar (USD) LIBOR. 2020-02-12T12:15:48-04:00 en Statement Regarding Publication of SOFR Averages and a SOFR Index 2020-02-12 NYFed SOFR Averages SOFR Index Secured Overnight Financing Rate https://www.newyorkfed.org/markets/opolicy/operating_policy_191216 The New York Fed's Open Market Trading Desk intends to conduct a small value overnight repo operation using contingency operation infrastructure. The operation will be conducted on Wednesday, December 18, 2019. 2019-12-16T15:16:01-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2019-12-16 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_191206 In response to several requests for additional time, the deadline for submitting comments is being extended to January 10, 2020. 2019-12-06T15:28:06-04:00 en Extension of Public Comment Period on a Proposed Publication of SOFR Averages and a SOFR Index 2019-12-06 NYFed SOFR Secured Overnight Financing Rate https://www.newyorkfed.org/markets/opolicy/operating_policy_191122 The New York Fed's Open Market Trading Desk has published the results of four small value agency MBS coupon swap operations. 2019-11-22T15:10:28-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Coupon Swap Exercise Results 2019-11-22 NYFed Agency Mortgage-Backed Securities Small Value Coupon Swap Exercise Federal Reserve Bank of New York Open Market Trading Desk https://www.newyorkfed.org/newsevents/news/markets/2019/20191114 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the July – September 2019 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2019-11-14T16:24:39-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Third Quarter 2019-11-14 NYFed fx markets exchange foreign Treasury and Federal Reserve Foreign Exchange Operations https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2019/fxq319.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_191114 The Open Market Trading Desk at the New York Fed has released the schedule of repurchase agreement (repo) operations for the monthly period from November 15, 2019 through December 12, 2019. 2019-11-14T15:22:12-04:00 en Statement Regarding Repurchase Operations 2019-11-14 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_191113 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations on November 19th and 21st, 2019. 2019-11-13T15:13:08-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2019-11-13 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_191105 The New York Fed's Open Market Trading Desk intends to conduct a small value contingency securities lending operation on Thursday, November 7, 2019, for the purpose of testing its contingency operation infrastructure. 2019-11-05T14:14:53-04:00 en Statement Regarding Securities Lending Small Value Exercise 2019-11-05 NYFed Open Market Trading Desk Securities Lending Small Value Exercise https://www.newyorkfed.org/markets/opolicy/operating_policy_191104 In order to support a successful transition away from U.S. dollar LIBOR, and as administrator of the Secured Overnight Financing Rate, the New York Fed, in cooperation with the Treasury Department’s Office of Financial Research, is proposing to publish daily three compounded averages of the SOFR with tenors of 30-, 90-, and 180-calendar days. 2019-11-04T12:53:25-04:00 en Statement Requesting Public Comment on a Proposed Publication of SOFR Averages and a SOFR Index 2019-11-04 NYFed U.S. dollar LIBOR Secured Overnight Financing Rate SOFR Treasury Department’s Office of Financial Research OFR https://www.newyorkfed.org/markets/opolicy/operating_policy_191104a The Desk intends to conduct one small value forward-settling repo and one small value reverse repo operation during the month of November. 2019-11-04T12:47:00-04:00 en Statement Regarding Repurchase and Reverse Repurchase Agreements Small Value Exercise 2019-11-04 NYFed repo exercise small repurchase reverse https://www.newyorkfed.org/markets/opolicy/operating_policy_191023 The Desk has released an update to the schedule of repurchase agreement (repo) operations for the current monthly period. 2019-10-23T15:09:50-04:00 en Statement Regarding Repurchase Operations 2019-10-23 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_191011 In light of recent and expected increases in the Federal Reserve’s non-reserve liabilities, the Federal Open Market Committee (FOMC) directed the Desk, effective October 15, 2019, to purchase Treasury bills at least into the second quarter of next year to maintain over time ample reserve balances at or above the level that prevailed in early September 2019. 2019-10-11T11:16:57-04:00 en Statement Regarding Treasury Bill Purchases and Repurchase Operations 2019-10-11 NYFed non-reserve liabilities Federal Open Market Committee FOMC Treasury bills Repurchase Operations https://www.newyorkfed.org/markets/opolicy/operating_policy_191004 In accordance with the most recent Federal Open Market Committee directive, the Open Market Trading Desk at the New York Fed will conduct a series of overnight and term repurchase agreement (repo) operations to help maintain the federal funds rate within the target range. 2019-10-04T13:38:10-04:00 en Statement Regarding Repurchase Operations 2019-10-04 NYFed Federal Open Market Committee Open Market Trading Desk overnight and term repurchase agreement operations repos https://www.newyorkfed.org/markets/opolicy/operating_policy_190919 In accordance with the FOMC Directive issued September 18, 2019, the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York will conduct an overnight repurchase agreement (repo) operation from 8:15 AM ET to 8:30 AM ET tomorrow, Friday, September 20, 2019, in order to help maintain the federal funds rate within the target range of 1-3/4 to 2 percent. 2019-09-19T15:11:23-04:00 en Statement Regarding Repurchase Operation 2019-09-19 NYFed Repurchase Operation Open Market Trading Desk overnight repurchase agreement https://www.newyorkfed.org/markets/opolicy/operating_policy_190918 In accordance with the FOMC Directive issued September 18, 2019, the Open Market Trading Desk at the Federal Reserve Bank of New York will conduct an overnight repurchase agreement (repo) operation from 8:15 AM ET to 8:30 AM ET tomorrow, Thursday, September 19, 2019, in order to help maintain the federal funds rate within the target range of 1-3/4 to 2 percent. 2019-09-18T16:33:35-04:00 en Statement Regarding Repurchase Operation 2019-09-18 NYFed Repurchase Operation overnight repurchase agreement Open Market Trading Desk https://www.newyorkfed.org/newsevents/news/markets/2019/20190808 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2019 quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2019-08-08T16:13:20-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter 2019-08-08 NYFed FX Markets FEDERAL RESERVE FOREIGN EXCHANGE OPERATIONS TREASURY AND FEDERAL RESERVE FOREIGN EXCHANGE OPERATIONS https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2019/fxq219.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_190731 At its meeting on July 30-31, 2019, the Federal Open Market Committee decided to conclude the reduction of aggregate securities holdings in the System Open Market Account two months earlier than previously indicated. The FOMC directed the Open Market Trading Desk at the New York Fed to roll over at auction all principal payments from the Federal Reserve’s holdings of Treasury securities and to reinvest all principal payments from the Federal Reserve’s holdings of agency debt and agency mortgage-backed securities effective August 1, 2019. 2019-07-31T14:52:22-04:00 en Statement Regarding Reinvestments of Principal Payments from Treasury Securities, Agency Debt, and Agency Mortgage-Backed Securities 2019-07-31 NYFed Reinvestments of Principal Payments Treasury Securities Agency Debt Agency Mortgage-Backed Securities https://www.newyorkfed.org/markets/opolicy/operating_policy_190710 The New York Fed today updated its Statement of Compliance with the IOSCO Principles for Financial Benchmarks to cover the inclusion of “selected deposit” transactions in the overnight bank funding rate. 2019-07-10T14:14:08-04:00 en Statement on IOSCO Compliance for the EFFR, OBFR, and Treasury Repo Reference Ratesv 2019-07-10 NYFed IOSCO Principles for Financial Benchmarks EFFR OBFR Treasury Repo Reference Rates Statement of Compliance https://www.newyorkfed.org/medialibrary/media/markets/IOSCO-statement-of-compliance-jul2019 pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_190620 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Tuesday, June 25, 2019 and Thursday, June 27, 2019. 2019-06-20T15:11:09-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2019-06-20 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190604 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury rollover at auction of $5 million Treasury bill securities held in the Federal Reserve's System Open Market Account. 2019-06-04T14:14:14-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2019-06-04 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190530 The New York Fed's Open Market Trading Desk plans to distribute secondary market Treasury reinvestment purchases across eleven different sectors, including nominal coupons, bills, Treasury Inflation-Protected Securities, and Floating Rate Notes. 2019-05-30T16:25:34-04:00 en Statement Regarding Plans to Reinvest Principal Payments from Agency Debt and Agency Mortgage-Backed Securities into Treasury Securities 2019-05-30 NYFed Agency Debt Agency Mortgage-Backed Securities Treasury Securities https://www.newyorkfed.org/newsevents/news/markets/2019/20190509 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the January – March 2019 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2019-05-09T16:49:26-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter 2019-05-09 NYFed Full Report https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2019/fxq119.pdf PDF https://www.newyorkfed.org/markets/opolicy/operating_policy_190509a As previously announced on May 3rd, the New York Fed Open Market Trading Desk completed four small value agency MBS coupon swap operations for the purpose of testing operational readiness. 2019-05-09T14:34:43-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Coupon Swap Exercise Results 2019-05-09 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190509 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Wednesday, May 15, 2019, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2019-05-09T14:27:07-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2019-05-09 NYFed https://www.newyorkfed.org/markets/primarydealers Amherst Pierpont Securities LLC has been added to the list of primary dealers, effective May 6, 2019. 2019-05-06T16:10:26-04:00 en Primary dealers list updated 2019-05-06 NYFed Amherst Pierpont Securities LLC Primary dealers https://www.newyorkfed.org/markets/opolicy/operating_policy_190506 The New York Fed's Open Market Trading Desk intends to conduct a series of four small value repo and reverse repo operations during the month of May. 2019-05-06T15:09:09-04:00 en Statement Regarding Repurchase and Reverse Repurchase Agreements Small Value Exercise 2019-05-06 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190503 The New York Fed’s Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations between May 7th and 8th, 2019. 2019-05-03T15:12:20-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2019-05-03 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190416 The New York Fed will incorporate selected deposits into the daily calculation of the Overnight Bank Funding Rate (OBFR) from May 2, 2019, reflecting underlying transactions from May 1, 2019. 2019-04-17T14:09:38-04:00 en Statement on Incorporation of Selected Deposits into the Overnight Bank Funding Rate 2019-04-17 NYFed Overnight Bank Funding Rate OBFR Feedback on Proposed Change to the Overnight Bank Funding Rate https://www.newyorkfed.org/medialibrary/media/markets/obfr-feedback-barclays pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_190405a Due to the Securities Industry and Financial Markets Association’s recommended market close on Friday, April 19, 2019, Good Friday will be widely treated as a holiday in the repo market, and there will be no publication of the Secured Overnight Financing Rate, the Broad General Collateral Rate, or the Tri-Party General Collateral Rate on that day. 2019-04-05T15:24:24-04:00 en Statement Regarding the Publication of Reference Rates on Friday, April 19, 2019 2019-04-05 NYFed Reference Rates Secured Overnight Financing Rate SOFR Broad General Collateral Rate BGCR Tri-Party General Collateral Rate TGCR https://www.newyorkfed.org/markets/opolicy/operating_policy_190405 Due to the Securities Industry and Financial Markets Association’s recommended market close on Friday, April 19, 2019, all reverse repurchase agreement and securities lending trades executed on Thursday, April 18 will mature on Monday, April 22, 2019. 2019-04-05T15:21:25-04:00 en Statement Regarding the Reverse Repurchase and SOMA Securities Lending Operations on Thursday April 18, 2019 2019-04-05 NYFed Reverse Repurchase SOMA Securities Lending https://www.newyorkfed.org/markets/opolicy/operating_policy_190404 The New York Fed's Open Market Trading Desk concluded the small value dollar roll exercise. 2019-04-04T14:18:43-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Dollar Roll Exercise Results 2019-04-04 NYFed small value dollar roll exercise New York Fed's Open Market Trading Desk https://www.newyorkfed.org/markets/opolicy/operating_policy_190328 The New York Fed's Open Market Trading Desk intends to conduct one small value agency MBS purchase operation of the Uniform Mortgage-Backed Security (UMBS) TBA contract, which will occur on Thursday, April 4, 2019, beginning around 2:00 PM ET and ending at 2:30 PM ET. 2019-03-28T15:14:47-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2019-03-28 NYFed small value agency MBS purchase Uniform Mortgage-Backed Security TBA contract New York Fed's Open Market Trading Desk https://www.newyorkfed.org/markets/opolicy/operating_policy_190326 The New York Fed’s Open Market Trading Desk intends to conduct four small value agency MBS dollar roll operations between April 2nd and 3rd, 2019. 2019-03-26T16:54:03-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2019-03-26 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190320 The Open Market Trading Desk at the New York Fed has released the following statement regarding reinvestment in Treasury securities and agency mortgage-backed securities. 2019-03-20T14:21:39-04:00 en Statement Regarding Reinvestment in Treasury Securities and Agency Mortgage-Backed Securities 2019-03-20 NYFed Treasury Securities Agency Mortgage-Backed Securities https://www.newyorkfed.org/markets/opolicy/operating_policy_190228 The New York Fed's Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure. The small value contingency operation will be conducted in addition to the regularly scheduled securities lending operation, and will occur on Thursday, March 7, 2019, beginning at 12:30 PM ET and ending at 12:45 PM ET. The exercise will have a maximum size of $115 million. 2019-02-28T14:41:14-04:00 en Statement Regarding Securities Lending Small Value Exercise 2019-02-28 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_190222 In March 2019, the Federal Reserve Bank of New York (New York Fed) Open Market Trading Desk will begin a process to streamline the administration of some of the Ginnie Mae-issued mortgage-backed securities held in the System Open Market Account through a service offered by Ginnie Mae called CUSIP aggregation. 2019-02-22T15:21:47-04:00 en Statement Regarding Aggregation of Agency Mortgage-Backed Securities Holdings 2019-02-22 NYFed Federal Reserve Bank of New York Open Market Trading Desk Ginnie Mae mortgage-backed securities System Open Market Account CUSIP aggregation FAQs: Agency MBS CUSIP Aggregation https://www.newyorkfed.org/markets/agency_mbs_cusip_aggregation_faqs https://www.newyorkfed.org/newsevents/news/markets/2019/20190214 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October – December 2018 quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2019-02-14T16:08:11-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter 2019-02-14 NYFed Federal Reserve U.S. Treasury FX Markets Full report https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2018/fxq418.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_190205 As the administrator of the Overnight Bank Funding Rate (OBFR), the New York Fed is proposing a change in the composition of the rate, and is providing details of this change for public comment. 2019-02-05T15:10:57-04:00 en Statement Requesting Public Comment on a Proposed Change to the Overnight Bank Funding Rate 2019-02-05 NYFed Public Comment Overnight Bank Funding Rate https://www.newyorkfed.org/markets/opolicy/operating_policy_190108 The New York Fed is committed to the use and handling of confidential information about participants in financial markets in a manner that promotes the integrity and efficiency of these markets, and is consistent with goals of the Treasury Market Practices Group Best Practices and the FX Global Code. 2019-01-08T15:08:23-04:00 en Statement Summarizing Practices for Identifying and Handling Confidential Information of Market Participants 2019-01-08 NYFed Identifying and Handling Confidential Information Market Participants Treasury Market Practices Group https://www.newyorkfed.org/markets/opolicy/operating_policy_181204 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, there will be no publication of the Secured Overnight Financing Rate (SOFR), the Broad General Collateral Rate (BGCR), or the Tri-Party General Collateral Rate (TGCR) on that day. 2018-12-04T16:08:49-04:00 en Statement Regarding the Publication of Reference Rates on Wednesday, December 5, 2018 2018-12-04 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_181120 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Tuesday, November 27, 2018, and Thursday, November 29, 2018, beginning around 2:00 PM ET and ending at 2:30 PM ET. 2018-11-20T15:09:51-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2018-11-20 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_181113a To provide greater certainty and transparency, the New York Fed has adopted and published an expanded policy relating to any future changes regarding the compositions or calculation methodologies of the Effective Fed Funds Rate, Overnight Bank Funding Rate, Tri-Party General Collateral Rate, Broad General Collateral Rate, and Secured Overnight Financing Rate, including how the New York Fed would consult the public in the event that material changes to the rates were being considered. 2018-11-13T12:52:31-04:00 en Statement Regarding Update to Reference Rate Administration Policies 2018-11-13 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_181018 The New York Fed’s Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure on Wednesday, October 24, 2018, beginning at 12:30 PM ET and ending at 12:45 PM ET. 2018-10-18T15:13:33-04:00 en Statement Regarding Securities Lending Small Value Exercise 2018-10-18 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_181015 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation on Thursday, October 18, 2018, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2018-10-15T14:13:34-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2018-10-15 NYFed https://www.newyorkfed.org/newsevents/news/markets/2018/an180918 The New York Fed today announced the completion of the sale of the remaining securities in the Maiden Lane LLC portfolio. 2018-09-18T09:34:58-04:00 en New York Fed Sells Remainder of Maiden Lane LLC Securities; Approximately $2.5 Billion Net Gain Generated for U.S. Public from the Portfolio 2018-09-18 NYFed Maiden Lane Transactions https://www.newyorkfed.org/markets/maidenlane.html html https://www.newyorkfed.org/markets/opolicy/operating_policy_180914 The Open Market Trading Desk at the New York Fed plans to conduct small value purchases of agency MBS on a regular basis in order to maintain operational readiness. 2018-09-14T15:27:12-04:00 en Statement Regarding Agency Mortgage-Backed Securities 2018-09-14 NYFed https://www.newyorkfed.org/newsevents/news/markets/2018/fx180809 The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2018 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2018-08-09T16:14:21-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter 2018-08-09 NYFed Full Report https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2018/fxq218.pdf PDF https://www.newyorkfed.org/markets/opolicy/operating_policy_180809 The Open Market Trading Desk at the New York Fed intends to conduct a small value Treasury purchase operation on Thursday, August 16, 2018. 2018-08-09T14:08:56-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2018-08-09 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_180524 The New York Fed today released its Statement of Commitment to the FX Global Code. 2018-05-24T14:20:37-04:00 en Statement of Commitment to the FX Global Code 2018-05-24 NYFed Statement of Commitment FX Global Code Statement of Commitment https://www.newyorkfed.org/medialibrary/media/markets/statementofcommitment.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_180515 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Tuesday, May 22, 2018, and Thursday, May 24, 2018. 2018-05-15T15:21:20-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2018-05-15 NYFed Operating Schedule https://www.newyorkfed.org/medialibrary/media/markets/ambs/AMBS-Schedule-051518.pdf pdf https://www.newyorkfed.org/markets/counterparties/foreign-exchange-counterparties The Bank of Tokyo-Mitsubishi UFJ, Ltd. changed its name to MUFG Bank, Ltd., effective April 1, 2018. 2018-04-30T10:45:45-04:00 en FX counterparty list updated 2018-04-23 NYFed https://www.newyorkfed.org/markets/counterparties/foreign-reserves-management The Royal Bank of Scotland plc changed its name to NatWest Markets Plc, effective April 30, 2018. 2018-04-30T10:43:55-04:00 en Foreign reserves management counterparties list updated 2018-04-30 NYFed https://www.newyorkfed.org/markets/counterparties/foreign-exchange-counterparties The Royal Bank of Scotland plc changed its name to NatWest Markets Plc, effective April 30, 2018. 2018-04-30T10:42:31-04:00 en FX counterparty list updated 2018-04-30 NYFed https://www.newyorkfed.org/markets/primarydealers RBS Securities Inc. changed its name to NatWest Markets Securities Inc., effective April 30, 2018. 2018-04-30T10:40:42-04:00 en Primary Dealers List Updated 2018-04-30 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_180417 The New York Fed’s Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations between April 24th and 25th, 2018. 2018-04-17T15:12:44-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2018-04-17 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_180403 Today, the New York Fed, in cooperation with the U.S. Office of Financial Research, began publishing three reference rates based on overnight repurchase agreement (repo) transactions collateralized by Treasury securities: the Secured Overnight Financing Rate (SOFR), the Broad General Collateral Rate (BGCR), and the Tri-Party General Collateral Rate (TGCR). 2018-04-03T09:06:09-04:00 en Statement Introducing the Treasury Repo Reference Rates 2018-04-03 NYFed Treasury Repo Reference Rates Secured Overnight Financing Rate Broad General Collateral Rate Tri-Party General Collateral Rate (TGCR). https://www.newyorkfed.org/markets/opolicy/operating_policy_180402 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Thursday, April 5th, 2018, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2018-04-02T14:12:49-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2018-04-02 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_180309 The New York Fed is today releasing a time series of the volume-weighted mean rate of the primary dealers’ overnight Treasury general collateral repo borrowing activity. 2018-03-09T12:03:49-04:00 en Statement Regarding the Publication of Historical Repo Rate Data 2018-03-09 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_180308 Due to the holiday trading convention expected to be adopted on Friday, March 30, 2018, all reverse repurchase agreement and securities lending trades executed on Thursday, March 29, will mature on Monday, April 2. 2018-03-09T12:01:48-04:00 en Statement Regarding the Reverse Repurchase and SOMA Securities Lending Operations on Thursday, March 29, 2018 2018-03-09 NYFed Reverse Repurchase SOMA Securities Lending https://www.newyorkfed.org/markets/opolicy/operating_policy_180228 The New York Fed plans to begin publication of the Treasury repo reference rates on April 3, 2018, reflecting the Secured Overnight Financing Rate (SOFR), the Broad General Collateral Rate (BGCR) and the Tri-Party General Collateral Rate (TGCR) from April 2, 2018. 2018-02-28T12:17:18-04:00 en Statement Regarding the Initial Publication of Treasury Repo Reference Rates 2018-02-28 NYFed Treasury Repo Reference Rates Secured Overnight Financing Rate Broad General Collateral Rate Tri-Party General Collateral Rate https://www.newyorkfed.org/markets/opolicy/operating_policy_180220 The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury purchase operation, which will occur on Thursday, February 22, 2018. 2018-02-20T14:10:13-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2018-02-20 NYFed Treasury Securities Small Value Exercise New York Fed Open Market Trading Desk https://www.newyorkfed.org/markets/opolicy/operating_policy_180212 The New York Fed's Open Market Trading Desk intends to conduct a small value contingency securities lending operation for the purpose of testing its contingency operation infrastructure. The small value contingency operation will be conducted in addition to the regularly scheduled securities lending operation, and will occur on Wednesday, February 14, 2018, 2018-02-12T14:21:25-04:00 en Statement Regarding Securities Lending Small Value Exercise 2018-02-12 NYFed https://www.newyorkfed.org/newsevents/news/markets/2018/fx180208 The Federal Reserve and U.S. Treasury did not intervene in the foreign exchange markets during the October – December 2017 quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2018-02-08T16:10:38-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter 2018-02-08 NYFed Federal Reserve U.S. Treasury FX Markets foreign exchange Full report https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2017/fxq417.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_171121 The New York Fed's Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Tuesday, November 28, 2017, and Wednesday, November 29, 2017. 2017-11-21T15:13:11-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2017-11-21 NYFed https://www.newyorkfed.org/newsevents/news/markets/2017/fx171109 The Federal Reserve and U.S. Treasury did not intervene in the foreign exchange markets during the July – September quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2017-11-09T16:20:19-04:00 en The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Third Quarter 2017-11-09 NYFed federal reserve u.s. treasury fx markets foreign exchange https://www.newyorkfed.org/markets/opolicy/operating_policy_171108 For the term repo operation scheduled for today, November 8, the Federal Reserve Bank of New York’s Open Market Trading 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. 2017-11-08T09:55:27-04:00 en Statement Regarding Repurchase Agreement Small Value Exercise 2017-11-08 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_171026 The Federal Reserve Bank of New York Open Market Trading Desk concluded the small value coupon swap exercise announced October 17, 2017; a summary of the results is available. 2017-10-26T15:15:44-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Coupon Swap Exercise Results 2017-10-26 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_171017 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations between October 24 and 25, 2017. 2017-10-17T15:09:47-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2017-10-17 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170920 The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding reinvestment in Treasury securities and agency mortgage-backed securities. 2017-09-20T16:20:44-04:00 en Statement Regarding Reinvestment in Treasury Securities and Agency Mortgage-Backed Securities 2017-09-20 NYFed Reinvestment Treasury Securities Agency Mortgage-Backed Securities The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding overnight reverse repurchase agreements. 2017-09-20T16:18:57-04:00 en Statement Regarding Overnight Reverse Repurchase Agreements 2017-09-20 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170830 The Open Market Trading Desk at the Federal Reserve Bank of New York has released the following statement regarding Treasury securities small value exercise 2017-08-30T14:26:15-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2017-08-30 NYFed https://www.newyorkfed.org/markets/rrp_counterparties BlackRock Treasury Money Market Master Portfolio and Wilmington U.S. Government Money Market Fund have been added to the list of reverse repo counterparties, effective August 16, 2017. 2017-08-16T10:10:46-04:00 en Reverse repo counterparties list updated 2017-08-16 NYFed Reverse repo counterparties BlackRock Treasury Money Market Master Portfolio Wilmington U.S. Government Money Market Fund https://www.newyorkfed.org/newsevents/news/markets/2017/fx170810 The U.S. monetary authorities did not intervene in the foreign exchange markets during the April – June quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2017-08-10T16:15:45-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Second Quarter 2017-08-10 NYFed foreign exchange markets U.S. monetary authorities Full report https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2017/fxq217.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_170807 The Open Market Trading Desk at the New York Fed has released a statement regarding a securities lending small value exercise. 2017-08-07T15:11:54-04:00 en Statement Regarding Securities Lending Small Value Exercise 2017-08-07 NYFed https://www.newyorkfed.org/markets/rrp_counterparties T. Rowe Price U.S. Treasury Money Fund has been added to the list of reverse repo counterparties, effective July 31, 2017. 2017-07-31T10:24:13-04:00 en Reverse repo counterparties list updated 2017-07-31 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170614 The Open Market Trading Desk at the Federal Reserve Bank of New York released a statement regarding overnight reverse repurchase agreements. 2017-06-14T14:39:59-04:00 en Statement Regarding Overnight Reverse Repurchase Agreements 2017-06-14 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170516 The New York Fed's Open Market Trading Desk intends to conduct four small value agency MBS coupon swap operations between May 23 and 24, 2017. 2017-05-16T15:07:38-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2017-05-16 NYFed https://www.newyorkfed.org/newsevents/news/markets/2017/fx170511 The U.S. monetary authorities did not intervene in the foreign exchange markets during the January – March quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2017-05-11T16:11:49-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the First Quarter 2017-05-11 NYFed foreign exchange FX market Treasury and Federal Reserve Foreign Exchange Operations https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2017/fxq117.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_170508a The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding repurchase and reverse repurchase agreements small value exercise. 2017-05-08T15:18:31-04:00 en Statement Regarding Repurchase and Reverse Repurchase Agreements Small Value Exercise 2017-05-08 NYFed Repurchase Agreements Reverse Repurchase Agreements Small Value Exercise https://www.newyorkfed.org/markets/opolicy/operating_policy_170508 The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding a Treasury securities small value exercise. 2017-05-08T15:16:20-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2017-05-08 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170411 The New York Fed's Open Market Trading Desk intends to conduct three small value agency MBS sales operations: Tuesday, April 18, 2017, Thursday, April 20, 2017, and Tuesday, April 25, 2017. 2017-04-11T15:25:13-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2017-04-11 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170320 Due to the holiday trading convention expected to be adopted on Friday, April 14, 2017, all reverse repurchase agreement and securities lending trades executed on Thursday, April 13, will mature on Monday, April 17. 2017-03-20T16:14:00-04:00 en Statement Regarding the Reverse Repurchase and SOMA Securities Lending Operations on Thursday, April 13, 2017 2017-03-20 NYFed Reverse Repurchase Operations SOMA Securities Lending Operations https://www.newyorkfed.org/markets/opolicy/operating_policy_170320a The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury purchase operation, which will occur on Wednesday, March 22, 2017, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2017-03-20T14:09:15-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2017-03-20 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170315 During its meeting on March 14-15, 2017, the Federal Open Market Committee directed the Open Market Trading Desk at the New York Fed, effective March 16, 2017, to undertake open market operations as necessary to maintain the federal funds rate in a target range of ¾ to 1 percent. 2017-03-15T14:54:14-04:00 en Statement Regarding Overnight Reverse Repurchase Agreements 2017-03-15 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_170222 The New York Fed's Open Market Trading Desk plans to conduct small value exercises from time to time as a matter of prudent advance planning. 2017-02-22T14:43:56-04:00 en Statement Regarding Small Value Exercises 2017-02-22 NYFed https://www.newyorkfed.org/newsevents/news/markets/2017/fx170209 The U.S. monetary authorities did not intervene in the foreign exchange markets during the October – December quarter, the New York Fed said today in its quarterly report to the U.S. Congress. 2017-02-09T16:10:26-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Fourth Quarter 2017-02-09 NYFed Monetary Authorities FX Markets Foreign exchange markets FX Quarterly Report https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2017/fxq416.pdf Foreign exchange markets https://www.newyorkfed.org:443/en/markets/rrp_counterparties Reverse repo counterparties list updated 2017-02-06T10:43:31-04:00 en Reverse repo counterparties list updated 2017-02-06 NYFed Reverse repo counterparties list updated 2017-02-06T10:49:19-04:00 en Reverse repo counterparties list updated 2017-01-23 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_161214 The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding overnight reverse repurchase agreements. 2016-12-14T14:08:26-04:00 en Statement Regarding Overnight Reverse Repurchase Agreements 2016-12-14 NYFed https://www.newyorkfed.org/newsevents/news/markets/2016/fx161110.html The U.S. monetary authorities did not intervene in the foreign exchange markets during the July—September quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2016-11-10T16:07:26-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Third Quarter 2016-11-10 NYFed foreign exchange markets monetary authorities Treasury and Federal Reserve Foreign Exchange Operations https://www.newyorkfed.org/medialibrary/media/newsevents/news/markets/2016/fxq316.pdf pdf https://www.newyorkfed.org/markets/opolicy/operating_policy_161104 The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding the publication of overnight Treasury GC repo rates. 2016-11-04T10:22:01-04:00 en Statement Regarding the Publication of Overnight Treasury GC Repo Rates 2016-11-04 NYFed https://www.newyorkfed.org/markets/expanded_counterparties Goldman Sachs Financial Square Tax-Free Money Market Fund changed its name to Goldman Sachs Investor Tax-Exempt Money Market Fund, effective March 31, 2016. 2016-11-04T10:19:09-04:00 en Reverse repo counterparties list updated 2016-11-04 NYFed https://www.newyorkfed.org/markets/expanded_counterparties Federal Home Loan Bank of Indianapolis has been added to the list of reverse repo counterparties, effective September 26, 2016. 2016-09-26T10:08:35-04:00 en New York Fed updates reverse repo counterparties list 2016-09-26 NYFed reverse repo counterparties Federal Home Loan Bank of Indianapolis https://www.newyorkfed.org/markets/opolicy/operating_policy_160809 the New York Fed's Open Market Trading Desk intends to conduct a small value Treasury purchase operation, which will occur on Tuesday, August 16, 2016, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2016-08-09T14:11:03-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2016-08-09 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160517b The New York Fed's Open Market Trading Desk intends to conduct a small value repo operation, which will occur on Wednesday, May 25, 2016, beginning around 9:40 AM ET and ending at 9:50 AM ET. 2016-05-17T15:35:31-04:00 en Statement Regarding Repurchase Agreements 2016-05-17 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160517a The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Tuesday, May 24, 2016, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2016-05-17T15:33:23-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2016-05-17 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160517 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Wednesday, May 25, 2016 and Wednesday, June 1, 2016, beginning around 2:00 PM ET and ending at 2:30 PM ET. 2016-05-17T15:27:24-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2016-05-17 NYFed Schedule https://www.newyorkfed.org/medialibrary/media/markets/ambs/smallvalue-AMBS-schedule-pdf.pdf pdf https://www.newyorkfed.org/markets/expanded_counterparties Deutsche Cash Management Master Portfolio changed its name to Government Cash Management Portfolio, T. Rowe Price Prime Reserve Fund changed its name to T. Rowe Price Government Money Portfolio, and Master Government Institutional Portfolio managed by Blackrock Advisors, LLC, changed its name to Master Treasury Strategies Institutional Portfolio, effective May 2, 2016. 2016-05-02T10:15:42-04:00 en New York Fed updates reverse repo counterparties list 2016-05-02 NYFed https://www.newyorkfed.org/markets/pridealers_current.html Wells Fargo Securities, LLC has been added to the list of primary dealers, effective April 18, 2016. 2016-04-18T16:16:35-04:00 en Primary dealers list updated 2016-04-18 NYFed https://www.newyorkfed.org/markets/expanded_counterparties BofA Cash Reserves and BofA Money Market Reserves merged into Blackrock TempFund, and BofA Treasury Reserves merged into Blackrock T-Fund, effective April 18, 2016. 2016-04-18T15:37:43-04:00 en New York Fed updates reverse repo counterparties list 2016-04-18 NYFed https://www.newyorkfed.org/markets/annual_reports.html This report reviews the conduct of open market operations and other developments that influenced the System Open Market Account of the Federal Reserve in 2015. 2016-04-14T10:06:59-04:00 en New York Fed Releases Open Market Operations 2015 Annual Report 2016-04-14 NYFed Open Market Operations 2015 Annual Report https://www.newyorkfed.org/medialibrary/media/markets/omo/omo2015-pdf.pdf pdf https://www.newyorkfed.org/markets/expanded_counterparties RBC Prime Money Market Fund is no longer a reverse repo counterparty, effective March 25, 2016. 2016-03-28T15:40:57-04:00 en New York Fed updates reverse repo counterparties list 2016-03-28 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160324 The New York Fed has updated primary dealer policy to include new geographic dispersion standards. 2016-03-24T11:01:10-04:00 en New York Fed Publishes Revised Policy for Administration of Primary Dealer Relationships 2016-03-24 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160218 The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding Treasury Securities Small Value Exercise 2016-02-18T14:11:34-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2016-02-18 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160217 Statement regarding small value exercises from the Open Market Trading Desk at the Federal Reserve Bank of New York 2016-02-17T14:46:50-04:00 en Statement Regarding Small Value Exercises 2016-02-17 NYFed https://www.newyorkfed.org/newsevents/news/markets/2016/fx160211.html The U.S. monetary authorities did not intervene in the foreign exchange markets during the October—December quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2016-02-11T16:09:12-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Fourth Quarter 2016-02-11 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160106 Statement Regarding the Implementation of Planned Changes to the Effective Federal Funds Rate and Publication of the Overnight Bank Funding Rate 2016-02-04T09:49:47-04:00 en Statement Regarding the Implementation of Planned Changes to the Effective Federal Funds Rate and Publication of the Overnight Bank Funding Rate 2016-01-06 NYFed Effective Federal Funds Rate Overnight Bank Funding Rate https://www.newyorkfed.org/newsevents/news/markets/2016/an160106 The New York Fed concluded its Mortgage Operations Counterparty (MOC) Pilot Program on December 31, 2015. 2016-02-04T09:49:24-04:00 en New York Fed Concludes the Mortgage Operations Counterparty Pilot Program 2016-01-06 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_151216a Statement Regarding Term Reverse Repurchase Agreements 2016-01-06T10:30:02-04:00 en Statement Regarding Term Reverse Repurchase Agreements 2015-12-16 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_151216 Statement Regarding Overnight Reverse Repurchase Agreements 2016-01-06T10:30:02-04:00 en Statement Regarding Overnight Reverse Repurchase Agreements 2015-12-16 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_151130 In connection with the Federal Open Market Committee's January 2015 Authorization for Domestic Open Market Operations, the New York Fed's Open Market Trading Desk intends to conduct a small-value repo operation on Wednesday, December 2. 2016-01-06T10:30:29-04:00 en Statement Regarding Repurchase Agreements 2015-11-30 NYFed Repurchase Agreements repo operation https://www.newyorkfed.org/markets/expanded_counterparties Reverse repo counterparties list updated 2016-01-06T10:29:29-04:00 en Reverse repo counterparties list updated 2015-11-20 NYFed http://newyorkfed.org/newsevents/news/markets/2015/fx151112.html The U.S. monetary authorities did not intervene in the foreign exchange markets during the July-September quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2016-01-06T10:29:29-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Third Quarter 2015-11-12 NYFed Full report http://newyorkfed.org/newsevents/news/markets/2015/fxq315.pdf pdf