April 28, 2020 / 7:49 PM / a month ago

NY Fed purchases $406 mln in agency CMBS out of $2.3 bln offered Tuesday

NEW YORK, April 28 (Reuters) - The Federal Reserve Bank of New York purchased $406 million in agency commercial mortgage-backed securities out of $2.3 billion offered by primary dealers on Tuesday.

Read more about the results here here (Reporting by Jonnelle Marte Editing by Chris Reese)

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