FED to ADD 55 BILLION 5 Billion 14 day 50 Billion 1 DAY Deal Date: Thursday, September 18, 2008 Delivery Date: Thursday, September 18, 2008 Maturity Date: Thursday, October 02, 2008 Type of Operation1: Repo Settlement: Same Day Term of Operation2: 14 Days Operation Close Time: 08:30 AM Results Amount ($B) Rate (%) Collateral Type Submitted Accepted Stop-Out3 Weighted Average4 High Low Treasury 8.000 5 Billion added Total 63.750 5.000 Top Deal Date: Thursday, September 18, 2008 Delivery Date: Thursday, September 18, 2008 Maturity Date: Friday, September 19, 2008 Type of Operation1: Repo Settlement: Same Day Term of Operation2: 1 Day Operation Close Time: 08:10 AM Results Amount ($B) Rate (%) Collateral Type Submitted Accepted Stop-Out3 Weighted Average4 High Low Treasury 16.750 0.000 N/A N/A 0.85 0.05 Agency 33.500 8.249 2.75 2.750 2.75 1.00 Mortgage-Backed 52.000 41.751 2.75 2.891 3.00 2.00 Total 102.250 50.000 Billion added
Federal Reserve Bank of New York Thursday, September 18, 2008 11:42 AMTemporary OMO: Fed adds $50 billion with overnight RP Fed adds another 50 bill That is 105 Bill today