December 8, 2014 / 6:28 PM / 3 years ago

U.S. Fed awards $104.2 bln overnight reverse repos

NEW YORK, Dec 8 (Reuters) - The U.S. Federal Reserve on Monday awarded $104.199 billion in overnight fixed-rate reverse repurchase agreements at an interest rate of 0.10 percent to 56 bidders, according to the website of the Federal Reserve Bank of New York.

The result compared with $145.545 billion in weekend reverse repos awarded to 56 bidders on Friday at an interest rate of 0.10 percent. (Reporting by Richard Leong; Editing by Chris Reese)

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