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Reverse Repos? We Don’t Need No Stinkin’ Reverse Repos

This is a syndicated repost published with the permission of NY Fed | Temporary Open Market Operations. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Deal Date: Wednesday, December 23, 2015
Delivery Date: Wednesday, December 23, 2015
Maturity Date: Monday, January 04, 2016
Type of Operation: Reverse Repo
Auction Method: Single Price
Settlement: Same Day
Term of Operation – Calendar Days : 12 Days
Term of Operation – Business Days : 6 Days
Operation Close Time: 10:00 AM
Participating Counterparties: 0
Accepted Counterparties: 0

Results Amount ($B) Rate (%)
Collateral Type   Submitted Accepted Award3 High Low Pct Accepted
at Stopout (%)
Treasury .000 .000 N/A N/A N/A N/A

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