Fed Sells $8.9 Billion During POMO as Operation Twist Continues

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The New York Federal Reserve sold $8.87 billion in U.S. Treasury debt during its permanent open market operations (POMO) today as part of its Operation Twist program. Dealers tried to buy $69.618 billion worth of debt, with the government receiving almost eight bids for every one it sold. Maturities sold were from 03/31/2013 - 10/15/2013. For a full list of CUSIPs sold, please visit the
NY Fed's website.
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Posted In: NewsEcon #sEconomicsFederal ReserveNY Federal Reserve BankPOMO
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