trending Market Intelligence /marketintelligence/en/news-insights/trending/qUqQ-VyU5Et1c7dS6YekaQ2 content esgSubNav
In This List

New York Fed extends repo operations until mid-February

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


New York Fed extends repo operations until mid-February

The Federal Reserve Bank of New York announced Jan. 14 that it will continue with its overnight and 14-day term repo operations until Feb. 13, contrary to initial plans to stop such operations by the end of January.

The maximum size of its overnight operations will continue to be $120 billion, while the cap for its 14-day term repo operations will be lowered to $30 billion from $35 billion between Feb. 4 and Feb. 13.

The limit for its 14-day term repo operations through January was retained at $35 billion.

The repo operations aim to "ensure that the supply of reserves remains ample even during periods of sharp increases in non-reserve liabilities and to mitigate the risk of money market pressures that could adversely affect policy implementation," according to a statement issued by the Open Market Trading Desk at the New York Fed.