The Federal Reserve Bank of New York (FRBNY) announced that it will offer “at least $200 billion” in term repo trades that will cross the September quarter-end.

Here are the quarter-end trading details released by FRBNY:

table for blog 9.15

The FRBNY will provide an update of additional information on or around September 22.  As a reminder the FRBNY’s Open Market Trading Desk is authorized to perform term reverse tri-party operations for each quarter-end through January 29, 2016.

View the release here.

Good Day.  DR2