Federal Reserve Bank of New York

Reflections on the Early Days of Reserve Management Purchases and the Maintenance of Ample Reserves

As the System Open Market Account (SOMA) Manager, it is my responsibility to brief the Federal Open Market Committee (FOMC) on financial market developments and oversee the Open Market Trading Desk’s ...
Federal Reserve Bank of New York

Standing Repo Counterparties

New overnight Standing Repo (SRP) counterparties will begin transacting with the New York Fed upon completion of legal, operational and technical setup. Each listed counterparty expressed an interest ...
Federal Reserve Bank of New York

Repo and Reverse Repo Operations: Statements and Operating Policies

Repo and Reverse Repo Operations: Statements and Operating Policies Statements announcing changes to repurchase and reverse repurchase transactions.
Federal Reserve Bank of New York

Transition from LIBOR

The transition from LIBOR represented one of the most complicated changes in financial market infrastructure ever required. The pervasive use of LIBOR across all market segments made the transition ...