Market news
21.09.2011, 18:46

Fed says a schedule of operations expected to take place in October will be released on Friday, September 30.

"Purchases and sales will be conducted with the Federal Reserves primary dealers through a series of competitive auctions operated through the Desk's FedTrade system. Consistent with current practices, the results of each operation will be published on the Federal Reserve Bank of New York's website shortly after each operation has concluded. In order to ensure the transparency of these operations, the Desk will publish information on the transaction prices in individual operations at the end of each month, coinciding with the release of the next month's schedule." A set of Frequently Asked Questions associated with this program will be released on Monday, September 26. MBS reinvestments to start on Oct 3. The operations currently scheduled for September 23 and September 27 will take place as previously announced.

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