The Federal Reserve announced yesterday it will set a 2.02% minimum bid on its $25 billion 84-day Term Auction Facility credit.

Results will be announced at 10 a.m. Eastern Standard Time today, with Thursday as the settlement date. The loan matures Dec. 4.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.