June 11, 2020 / 6:13 PM / a month ago

BRIEF-NY Fed Says Intends To Conduct A Small Value Treasury Sale Operation, Which Will Occur On June 16

June 11 (Reuters) - NY Fed:

* NY FED STATEMENT REGARDING TREASURY SECURITIES SMALL VALUE EXERCISE

* NY FED SAYS INTENDS TO CONDUCT A SMALL VALUE TREASURY SALE OPERATION, WHICH WILL OCCUR ON JUNE 16, BEGINNING AROUND 1:30 PM ET, ENDING AT 2:00 PM ET

* NY FED SAYS SALE WILL NOT EXCEED A FACE VALUE OF $25 MILLION

* NY FED SAYS SALE WILL BE LIMITED TO TREASURY NOMINAL COUPON SECURITIES MATURING BETWEEN 4.5 AND 7 YEARS FROM DATE OF OPERATION Source text: nyfed.org/2UCbKvE

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