Observations

2025-05-16: 4.25

Updated: May 16, 2025 1:01 PM CDT

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Daily

Notes

Title	Release Dates

Overnight Reverse Repurchase Agreements Award Rate: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations	2021-01-25	2025-05-16

Source

Federal Reserve Bank of New York	2021-01-25	2025-05-16

Release

Temporary Open Market Operations	2021-01-25	2025-05-16

Units

Percent	2021-01-25	2025-05-16

Frequency

Daily	2021-01-25	2025-05-16

Seasonal Adjustment

Not Seasonally Adjusted	2021-01-25	2025-05-16

Notes

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	2025-05-16

Release Tables

Temporary Open Market Operations