Temporary Open Market Operations
To implement monetary policy, short-term repurchase and reverse repurchase agreements are used to temporarily affect the size of the Federal Reserve System's portfolio and influence day-to-day trading in the federal funds market.
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Temporary Open Market Operations for November 24, 2004
Last updated: November 24, 2004 08:41 AM
Number of operations today: 1
Delivery date: Wednesday, November 24, 2004
Maturity date: Thursday, December 09, 2004
Type of operation: 15-day RP 1
Operation close time: 08:35 AM
Treasury
Collateral Agency
Collateral Mortgage-
Backed
Collateral
Weighted Average Rate 1.960
2.017
2.031
Stop Out Rate 1.940
2.010
2.030
Highest Rate Submitted 1.970
2.030
2.040
Lowest Rate Submitted 1.880
1.900
1.980
Total Propositions Submitted (in $bil.) 24.800
15.100
9.500
Total Propositions Accepted (in $bil.) 7.863
1.317
0.820
Total Money Value of Operation (in $bil.) 10.000