The Fed will offer $2.0 billion in 84-day term deposits on Monday, using a tool to drain excess reserves from the financial system. The opening time for the submission of bids for the Term Deposit Facility sale is 10:00 a.m. EDT, and the closing time is 2:00 p.m. EDT. Noncompetitive bids must be submitted in the same time frame – DJ
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply