RPT-Fed bought $7 bln of Treasuries on Wednesday
(Repeats with no changes to attach to corrected alert series)
NEW YORK, June 17 (Reuters) - The Federal Reserve bought $7 billion of Treasuries maturing May 2016 through February 2019 on Wednesday, the New York Fed said.
Dealers submitted $26.203 billion of bids for consideration in the purchase, which is part of the U.S. central bank's efforts to lower long-term borrowing costs.
The Fed did most of the buying on Wednesday in the issue maturing May 31, 2016. (Reporting by Chris Reese; Editing by James Dalgleish)
© Thomson Reuters 2009 All rights reserved
One Year Later
A year after militants laid siege to Mumbai, the country still remains very vulnerable. Full Article | Full Coverage
Liberhan Commission Report
The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya. Full Article
