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REFILE-U.S. Fed reverse repo award falls below $200 bln
October 12, 2016 / 5:31 PM / a year ago

REFILE-U.S. Fed reverse repo award falls below $200 bln

(Fixes spelling of reverse in headline)

NEW YORK, Oct 12 (Reuters) - The Federal Reserve on Wednesday awarded $188.67 billion of one-day, fixed-rate reverse repurchase agreements to 48 bidders at an interest rate of 0.25 percent, the New York Fed said on its website.

On Tuesday, the U.S. central bank allotted $201.55 billion in one-day reverse repos to 52 bidders, including Wall Street dealers, money market mutual funds and mortgage finance agencies, also at an interest rate of 0.25 percent. (Reporting by Richard Leong; Editing by David Gregorio)

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