Home > Releases > Temporary Open Market Operations > Overnight Reverse Repurchase Agreements Award Rate: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations
Observation:
2024-10-11: 4.80 (+ more) Updated: Oct 11, 2024 1:01 PM CDT2024-10-11: | 4.80 | |
2024-10-10: | 4.80 | |
2024-10-09: | 4.80 | |
2024-10-08: | 4.80 | |
2024-10-07: | 4.80 |
Units:
Percent,Frequency:
DailyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
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Overnight Reverse Repurchase Agreements Award Rate: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations | 2021-01-25 | 2024-10-11 |
Source | ||
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Federal Reserve Bank of New York | 2021-01-25 | 2024-10-11 |
Release | ||
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Temporary Open Market Operations | 2021-01-25 | 2024-10-11 |
Units | ||
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Percent | 2021-01-25 | 2024-10-11 |
Frequency | ||
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Daily | 2021-01-25 | 2024-10-11 |
Seasonal Adjustment | ||
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Not Seasonally Adjusted | 2021-01-25 | 2024-10-11 |
Notes | ||
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The award rate is the rate given to all accepted propositions for the collateral type reported by the New York Fed as part of the Temporary Open Market Operations.
Temporary open market operations involve short-term repurchase and reverse repurchase agreements that are designed to temporarily add or drain reserves available to the banking system and influence day-to-day trading in the federal funds market. A reverse repurchase agreement (known as reverse repo or RRP) is a transaction in which the New York Fed under the authorization and direction of the Federal Open Market Committee sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future. For these transactions, eligible securities are U.S. Treasury instruments. See FAQs (https://www.newyorkfed.org/markets/rrp_faq.html) for more information. |
2021-01-25 | 2024-10-11 |