Fed buys $648 million Treasuries maturing Nov 2024 through Feb 2031

NEW YORK, March 24 Mon Mar 24, 2014 11:07am EDT

NEW YORK, March 24 (Reuters) - The Federal Reserve on Monday purchased $648 million of Treasuries maturing November 2024 through February 2031 as part of its latest economic stimulus program, the New York Fed said on its website.

Dealers submitted $4.981 billion of Treasuries for the purchase, the New York Fed said.

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(Reporting by Chris Reese; Editing by James Dalgleish)

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