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_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