03.02.2015, 01:51
US Fed awards $132.91bn reverse repos Monday
OREANDA-NEWS.
February 03, 2015. The Federal Reserve on Monday awarded \\$132.91 billion of overnight fixed-rate reverse repurchase agreements to 46 bidders at an interest rate of 0.05 percent, the New York Federal Reserve said on its website.
On Friday, the US central bank allotted \\$190.84 billion in three-day reverse repos to 75 bidders including Wall Street dealers, money market mutual funds and mortgage finance agencies, also at an interest rate of 0.05 percent.
Friday's award was the highest since Oct. 1.
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