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Federal Reserve Bank of New York: Statement Regarding Treasury Securities Small Value Exercise
May 29, 2026
NEW YORK, May 29 -- The Federal Reserve Bank of New York issued the following statement:

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Statement Regarding Treasury Securities Small Value Exercise

The New York Fed undertakes certain small value open market transactions for the purpose of testing operational readiness to implement existing and potential policy directives from the Federal Open Market Committee (FOMC).

The FOMC authorizes the New York Fed's Open Market Trading Desk . . .

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