November 19, 2019 / 1:48 PM / 25 days ago

NY Fed accepts $24.143 bln in 14-day repo bids

NEW YORK, Nov 19 (Reuters) - The New York Federal Reserve on Tuesday accepted $24.143 billion in bids from primary dealers at a 14-day repurchase agreement (repo) operation, a move intended to help maintain the federal funds rate within the target range. (Reporting by Gertrude Chavez-Dreyfuss, editing by Louise Heavens)

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