Sina US Stock Exchange, November 15 — The Federal Reserve Bank of New York announced plans to carry out a longer repurchase agreement over the next month.

The New York Federal Reserve announced on its official website that it will carry out two 42-day repurchase agreements and one 28-day repurchase agreement, and will also carry out 13, 14, and 15-day repurchase agreements as before.

The New York Federal Reserve decided to introduce a longer period of repurchase agreement operations to meet New Year's Eve financing needs. Some people think that the end of the year may be a critical moment for the financing market.

The Federal Reserve has been injecting liquidity into the financing market since September 17, when the average mortgage repurchase rate jumped from 2% to 10% overnight. The Federal Reserve also began purchasing treasury bills last month as reserve management.

The New York Federal Reserve also announced on Thursday the schedule of monthly secondary market treasury reinvestment and reserve management purchase plans.