Federal Reserve buys $2.657 bln of Treasuries

NEW YORK Mon May 12, 2014 11:16am EDT

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NEW YORK May 12 (Reuters) - The Federal Reserve on Monday bought $2.657 billion of Treasuries maturing July 2018 through December 2018 as part of its economic stimulus program, the New York Fed said on its website.

Dealers submitted a total of $11.792 billion of Treasuries for the purchase, the New York Fed said.

For details see: here (Reporting by Chris Reese; Editing by Jeffrey Benkoe)

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