U.S. Fed awards $163.03 billion reverse repos Thursday

By Reuters

Nov 20, 2014 11:50 PM EST

The Federal Reserve Bank in New York. (Photo : Reuters)

The Federal Reserve awarded $163.03 billion in overnight fixed-rate reverse repurchase agreements on Thursday at an interest rate of 0.07 percent to 44 bidders, according to the New York Federal Reserve website.

This was slightly less than the $167.38 billion awarded to 39 bidders on Wednesday at an interest rate of 0.07 percent.

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