News Headline Summary

AUCTION PREVIEW: US Fed’s Outright Treasury Coupon Purchase Feb'21 – Nov'22

Today the NY Fed is conducting its Outright Treasury Coupon Purchase in the maturity range of Feb’21 – Nov’22. In today’s operation, the Fed expects to buy in the range of USD 4.25bln – USD 5.25bln. The last Outright Treasury Coupon purchase operation in this maturity range was on the 8th November 2012, with a purchase size of USD 4.893bln and a submitted/accepted ratio of 2.38.

This Operation is tentatively scheduled to begin around 1515 GMT (1015 ET) and close at 1600 GMT (1100 ET). Results are released shortly after 1600 GMT (1100 ET).

16 Nov 2012 - 15:15 - - Source: RANsquawk

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: