fed minutes, 2014-09-17
The reverse repurchase operations authorized by this resolution shall be (i) conducted at an offering rate that may vary from zero to five basis points, (ii) for an overnight term, or such longer term as is warranted to accommodate weekend, holiday, and similar trading conventions, (iii) subject to a per-counterparty limit of up to $30 billion per day, (iv) subject to an overall size limit of up to $300 billion per day.
Sentiment: neutral
Topic: mp_interest_rate