February 6, 2020 / 2:11 PM / 11 days ago

NY Fed accepts $46.75 bln overnight repo bids - NY Fed website

NEW YORK, Feb 6 (Reuters) - The New York Federal Reserve said it accepted $46.75 billion in overnight bids from primary dealers in a repurchase agreement (repo) operation, a move intended to keep the federal funds rate within its target range. (Reporting by Ross Kerber; Editing by Toby Chopra)

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