Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Fed Bought $4.76 Billion of Treasuries in Day’s Second Operation

Don't Miss Out —
Follow us on:

April 10 (Bloomberg) -- The Federal Reserve bought $4.76 billion in Treasury securities as part of its plan to lower borrowing costs that is known as Operation Twist.

The central bank bought debt maturing from April 2018 to November 2019 in its second open-market operation of the day, according to the Federal Reserve Bank of New York’s website. It purchased $1.843 billion of notes due in February 2036 to May 2041 earlier.

The Fed is replacing $400 billion of short-term debt in its portfolio with longer-term Treasuries to limit borrowing costs and counter risks of a recession.

To contact the reporter on this story: Liz Capo McCormick in New York at emccormick7@bloomberg.net

To contact the editor responsible for this story: Paul Cox at pcox16@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.