To implement monetary policy, short-term repurchase and reverse repurchase agreements are used to temporarily affect the size of the Federal Reserve System's portfolio and influence day-to-day trading in the federal funds market. Printer version Export to: Excel | XML Temporary Open Market Operations for December 03, 2004 Last updated: December 03, 2004 09:50 AM Number of operations today: 1 Delivery date: Friday, December 03, 2004 Maturity date: Thursday, December 09, 2004 Type of operation: 6-day RP 1 Operation close time: 09:45 AM Treasury Collateral Agency Collateral Mortgage- Backed Collateral Weighted Average Rate 1.976 N/A N/A Stop Out Rate 1.970 N/A N/A Highest Rate Submitted 2.000 2.030 2.040 Lowest Rate Submitted 1.920 1.940 1.900 Total Propositions Submitted (in $bil.) 22.350 13.650 11.150 Total Propositions Accepted (in $bil.) 3.500 0.000 0.000 Total Money Value of Operation (in $bil.) 3.500
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