March 19, 2020 / 10:34 PM / 13 days ago

BRIEF-Federal Reserve Bank Of New York To Buy $32 Billion In Mortgage-Backed Securities

March 19 (Reuters) - FEDERAL RESERVE BANK OF NEW YORK

* RELEASED STATEMENT REGARDING AGENCY MBS PURCHASE OPERATIONS

* FEDERAL RESERVE BANK OF NEW YORK - THE DESK WILL CONDUCT $32 BILLION IN PURCHASES, ACROSS 4 OPERATIONS FOR SETTLEMENT ON MARCH 24, 2020

* FEDERAL RESERVE BANK OF NEW YORK - PURCHASES INTENDED TO ADDRESS UNUSUAL DISRUPTIONS IN MARKET FOR AGENCY MBS ASSOCIATED WITH CORONAVIRUS OUTBREAK

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