Examples of NY Federal Reserve in a sentence
According to the NY Federal Reserve, "specials" are repos for specific-issue collateral which take place at cash-lending rates below those for general collateral repos because cash providers are willing to accept a lesser return on their cash in order to obtain a particular security.
SOFR is filtered by the NY Federal Reserve to remove a portion of the foregoing transactions considered to be "specials".
The 12:00 Noon Buying Rates, as certified by the NY Federal Reserve Bank (currently and historical rates can be found on their website at xxx.xx.xxx.xxx), shall be used as the source of spot rates.
Although the NY Federal Reserve has also begun publishing historical indicative SOFR going back to 2014, such pre-publication historical data inherently involves assumptions, estimates and approximations.
The “Interest Rate” for any day will be the Federal Funds (Effective) rate published in N.Y. Federal Reserve Statistical Release H.15(519) for that day (or if that day is not a New York Business Day, then for the next preceding New York Business Day).
The "Interest Rate" for any day will be the Federal Funds (Effective) rate published in N.Y. Federal Reserve Statistical Release H.15(519) for that day (or if that day is not a New York Business Day, then for the next preceding New York Business Day).
Superintendent of Banks of the 2 Rector Street, New York, State of New York N.Y. 10006 and Albany, N.Y. Federal Reserve Bank of New York 12203 Federal Deposit Insurance 33 Liberty Plaza, New York, Corporation N.Y. 10045 New York Clearing House 550 17th Street, N.W., Washington, D.C. 20429 New York, N.Y.
The rate is released by the NY Federal Reserve each day at approximately 9:00 a.m. EST for the prior business day and published on Bloomberg page “FEDL01 Index”.
The NY Federal Reserve reports that SOFR is calculated as a volume-weighted median of transaction-level tri-party repo data collected from The Bank of New York Mellon, which currently acts as the clearing bank for the tri-party repo market, as well as General Collateral Finance Repo transaction data and data on bilateral Treasury repo transactions cleared through the FICC's delivery-versus-payment service.
Term SOFR is currently being developed under the sponsorship of the Federal Reserve Bank of NY (the NY Federal Reserve).