dChan
Anonymous ID: efcd30 March 22, 2020, 6:58 p.m. No.8525528   🗄️.is 🔗kun

>>8525440

they cannot stop the flood of shitty paper-they will need at least a quadrillion to deal with this and they still can't suck it all up and have functioning markets. Load it up at the FRBNY and NUKE the bastard.

They will approve the FRBNY buying Corporate debt by tomorrow.

 

This was announced on Friday for Mortgage-Backed Securities (MBS)

 

Schedule of operations for Monday, March 23, 2020 (all times ET).

 

9:15 - 9:45 AM: For settlement on April 15, 2020 (Class A).

 

UMBS 30-year 2.5 securities for around $5 billion

UMBS 30-year 3.0 securities for around $2 billion

UMBS 30-year 3.5 securities for around $1 billion

 

10:15 - 10:45 AM: For settlement on March 26, 2020 (T+3).

 

UMBS 30-year 3.0 securities for around $5 billion

UMBS 30-year 3.5 securities for around $5 billion

UMBS 30-year 4.0 securities for around $5 billion

 

11:15 - 11:45 AM: For settlement on April 21, 2020 (Class C).

 

G2SF 30-year 2.5 securities for around $4 billion

G2SF 30-year 3.0 securities for around $4 billion

G2SF 30-year 3.5 securities for around $2 billion

G2SF 30-year 4.0 securities for around $2 billion

 

12:15 – 12:45 AM: For settlement on April 20, 2020 (Class B).

 

UMBS 15-year 2.5 securities for around $2 billion

UMBS 15-year 3.0 securities for around $2 billion

UMBS 15-year 3.5 securities for around $1 billion

 

https://www.newyorkfed.org/markets/opolicy/operating_policy_200320

 

'''Statement Regarding Repurchase Operations

March 20, 2020'''

 

In accordance with the most recent FOMC directive, the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York will conduct additional overnight repurchase agreement (repo) operations for same-day settlement each afternoon from 1:30 PM ET to 1:45 PM ET for the remainder of the current monthly operational schedule. These repo operations will be conducted for an aggregate offered amount of $500 billion. Also, the aggregate offered amount for the overnight repo operations conducted each morning will increase to $500 billion for the remainder of the current monthly operational schedule.

 

In addition, to reduce the frequency of operations while maintaining ample support for funding markets, the maturity dates for the Desk’s next four 14-day term repo operations will be changed to dates when the Desk will offer one-month repo operations. Specifically, the term repo operations scheduled for Tuesday, March 24, 2020 and Thursday, March 26, 2020 will now both mature on Monday, April 6, 2020. The term repo operations scheduled for Tuesday, March 31, 2020 and Thursday, April 2, 2020 will now both mature on Monday, April 13, 2020. Finally, the 14-day term repo operations on Tuesday, April 7, 2020 and Thursday, April 9, 2020 will be removed from the schedule.

 

All other previously planned repo operations will be conducted

https://www.newyorkfed.org/markets/opolicy/operating_policy_200320a