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Federal Reserve Bank of New York: Statement Regarding Securities Lending Small Value Exercise
May 14, 2025
NEW YORK, May 14 -- The Federal Reserve Bank of New York issued the following statement:

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Statement Regarding Securities Lending Small Value Exercise

The New York Fed undertakes certain small value open market transactions from time to time for the purpose of testing operational readiness to implement existing and potential policy directives from the Federal Open Market Committee (FOMC). The FOMC directs the New York Fed's Open Market Trading Desk . . .

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