NEW YORK: The Federal Reserve on Friday awarded $129.84 billion of fixed-rate reverse repurchase agreements to 53 bidders at an interest rate of 0.05 percent, the New York Federal Reserve said on its website.
On Thursday, the US central bank allotted $168.18 billion in overnight reverse repos to 51 bidders, including Wall Street dealers, money market mutual funds and mortgage finance agencies, also at an interest rate of 0.05 percent.
Thursday's amount was the highest since Dec. 31, when it reached $171.12 billion, according to New York Fed data.
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