Thursday, November 8, 2007

New York Fed Open Market Operations Nov. 8

From the New York Fed:

Deal Date: Thursday, November 08, 2007
Delivery Date: Thursday, November 08, 2007
Maturity Date: Friday, November 09, 2007
Type of Operation1: Repo
Settlement: Same Day
Term of Operation2: 1 Day
Operation Close Time: 09:50 AM

Results Amount ($B) Rate (%)
Collateral Type Submitted Accepted Stop-Out3 Weighted
Average4
High Low
Treasury
8.350
0.000

N/A


N/A


4.30


4.23

Agency
20.100
3.614

4.46


4.469


4.48


4.40

Mortgage-Backed
13.550
0.136

4.50


4.500


4.50


4.45

Total
 42.000
  3.750


Deal Date: Thursday, November 08, 2007
Delivery Date: Thursday, November 08, 2007
Maturity Date: Thursday, November 15, 2007
Type of Operation1: Repo
Settlement: Same Day
Term of Operation2: 7 Days
Operation Close Time: 09:40 AM

Results Amount ($B) Rate (%)
Collateral Type Submitted Accepted Stop-Out3 Weighted
Average4
High Low
Treasury
12.500
5.352

4.30


4.309


4.32


4.20

Agency
16.350
9.318

4.46


4.476


4.50


4.35

Mortgage-Backed
22.700
5.330

4.54


4.549


4.55


4.45

Total
 51.550
 20.000


Deal Date: Thursday, November 08, 2007
Delivery Date: Thursday, November 08, 2007
Maturity Date: Wednesday, November 21, 2007
Type of Operation1: Repo
Settlement: Same Day
Term of Operation2: 13 Days
Operation Close Time: 08:30 AM

Results Amount ($B) Rate (%)
Collateral Type Submitted Accepted Stop-Out3 Weighted
Average4
High Low
Treasury
17.350
6.310

4.31


4.319


4.34


4.00

Agency
27.950
1.910

4.48


4.489


4.50


4.37

Mortgage-Backed
23.200
0.780

4.55


4.556


4.56


4.45

Total
 68.500
  9.000


And From the Wall Street Journal:
Bernanke's Prepared Testimony