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:
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.
Good Day. DR2