September 27, 2019 / 1:28 PM / 25 days ago

N.Y. Fed awards $22.7 bln overnight repos

NEW YORK, Sept 27 (Reuters) - The New York Federal Reserve on Friday awarded $22.7 billion in loans to primary dealers at its overnight repurchase agreement (repo) operation following a term operation where it allotted $49 billion in 14-day loans.

Reporting by Alden Bentley

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