Fed says has been reinvesting maturing Treasuries

WASHINGTON Feb 17 (Reuters) - The Federal Reserve has been reinvesting proceeds of maturing Treasuries by acquiring new issues, the U.S. central bank said on Wednesday.

"The (Fed's open market) Desk had continued to reinvest the proceeds of maturing Treasury securities by acquiring newly auctioned Treasury securities issued on the same day its existing holdings matured," the minutes to the Fed's January meeting said.

"Participants agreed that the Desk should continue this practice for now, but the Committee would consider further its policy for redeeming or reinvesting maturing Treasury securities." (Reporting by Pedro da Costa; Writing by Burton Frierson in New York; Editing by James Dalgleish)