NY Fed to start second set of reverse repo tests

ny-fed-seal

The New York Federal Reserve will on Wednesday begin a new series of tests on reverse repurchase operations with primary dealers as its edges a fraction closer to exiting from the extraordinary support provided to banks at the height of the crisis.

The New York Fed's latest set of tests will involve small-scale, real-value reverse repos with banks, using all eligible types of collateral. The tests will, for the first time, include agency mortgage-backed securities from the Fed's portfolio, which

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: