Federal Reserve buys $556 mln of TIPS

Thu Jul 10, 2014 11:07am EDT

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NEW YORK, July 10 (Reuters) - The Federal Reserve on
Thursday bought $556 million of Treasury inflation-protected
securities maturing April 2019 through February 2044 as part of
its economic stimulus program, the New York Fed said on its
website.
    Dealers submitted a total of $2.515 billion of TIPS for the
purchase.
    For full details see: here
    

 (Reporting by Chris Reese; Editing by James Dalgleish)
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