NY Fed to offer USD 500bln in a three-month repo operation at 1:30 pm ET

by WSBConsensus

NY Fed to offer USD 500bln in a three-month repo operation at 1:30 pm ET; three-month and one-month repo operations for 500bln will be offered on a weekly basis for the remainder of the monthly schedule

As a part of its $60 billion reserve management purchases (Mar 13th -Apr. 13th) plans to distribute reserve management purchases across eleven sectors, including nominal coupons, bills, Treasury Inflation-Protected Securities, and Floating Rate Notes