All
 

 

Just in:  

You are here: Home»Business»Managed Funds»Fed to buy $45bn of Treasuries in Dec, sell $38bn

federal-reserveNEW YORK: The Federal Reserve will buy about $45 billion of Treasuries in 15 operations in December and will sell about $35 billion of Treasuries in five operations, the New York Fed said on its website on Friday.

 

The operations are part of a continuation of the Fed's "Operation Twist" stimulus effort, which extends the maturity of the US central bank's holdings of Treasury debt in a bid to lower mortgage rates and other long-term borrowing costs. The program is scheduled to finish at the end of December.

 

An additional sixth sale has been tentatively scheduled for the afternoon of Dec. 27 to ensure the total sale and redemption amount is met, the New York Fed said, adding the schedule will be updated on Dec. 20 with details on whether the Dec. 27 sale is necessary.

For full details see

http://www.newyorkfed.org/markets/tot_operation_schedule.html

The Fed will also redeem about $400 million in Treasury securities in December, the New York Fed said.

 

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln