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Federal Reserve buys $970 million of Treasuries
May 1, 2014 / 3:15 PM / 4 years ago

Federal Reserve buys $970 million of Treasuries

NEW YORK, May 1 (Reuters) - The Federal Reserve on Thursday bought $970 million of Treasuries maturing November 2039 through August 2043 as part of its stimulus program, the New York Fed said on its website.

Dealers submitted a total of $4.556 billion of Treasuries for the purchase, the New York Fed said.

For details see: here

Reporting by Chris Reese; Editing by Chizu Nomiyama

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