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FNM Fed Natl Mtge Ass

2.60
0.06 (2.36%)
20 Dec 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Fed Natl Mtge Ass TG:FNM Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.06 2.36% 2.60 2.56 2.62 2.62 2.54 2.60 5,410 22:50:16

Fed Starts Talks With Dealers On Reverse Repo Use - Bloomberg

23/09/2009 8:17am

Dow Jones News


Fed Natl Mtge (TG:FNM)
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The U.S. Federal Reserve has started talks with bond dealers about the use of reverse repurchase agreements to drain some of the $1 trillion of cash injected into the economy, Bloomberg News reported Tuesday, citing people with knowledge of the discussions.

There's no sense that policy makers intend to withdraw funds anytime soon, Bloomberg reported the people, who declined to be identified because the talks are private, as saying.

Deborah Kilroe, a spokeswoman for the Federal Reserve Bank of New York, declined to comment about meetings with dealers, Bloomberg said on its Web site.

Full story: http://www.bloomberg.com/apps/news?pid=20601087&sid=ax.FBWNLB5_o

 
 

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