February 4, 2020 / 1:50 PM / 15 days ago

NY Fed accepts $64.45 bln in overnight repo bids - NY Fed website

BOSTON, Feb 4 (Reuters) - The New York Federal Reserve said it accepted $64.45 billion in overnight bids from primary dealers in a repurchase agreement (repo) operation, a move intended to keep the federal funds rate within its target range. (Reporting by Ross Kerber, editing by Louise Heavens)

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