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Historic First For The Fed

The Fed has never reported the prices it has paid in any permanent operation. Today, it started doing that. It is still not doing it at the time of the operation, but rather on a lookback basis for the past month’s operations. Anyone with lots of time on their hands and nothing better to do can analyze the numbers to see what kind of deal the dealers got, and how they are doing with the trades.

http://www.ny.frb.org/markets/prices_paid_1112_1209_2010.xls

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