Statement Regarding Repurchase Operations → nyfed.org/2PgbzUQ
In accordance with the Dec. 11 FOMC directive, we’ll conduct repos to ensure the supply of reserves remains ample & mitigate the risk of money market pressures around year end that could adversely affect policy implementation.
We will continue to offer two-week term repos twice per week, (four span year end). We’ll also offer another longer-maturity term repo that spans year end; amount offered will be at least $50B.
Overnight repos will continue each day. At year-end, the overnight repo offering will increase to at least $150B, and there will be an additional one-day forward settlement repo.
Detailed information on the schedule and parameters of term and overnight repos → nyfed.org/2mfFZKu
