Board of Governors of the Federal Reserve System

Treasury notes maturing February 15, 1962, and April 1, 1962, be exchanged...gold reserves arising out of short- and long-term capital outflows, but

Treasury securities and agency debt and agency mortgage- backed securities...Treasury coupon securities up to this monthly cap and Treasury bills to

concerns regarding the measurement and calibration of the proposed requirements

Policy” and “Foreign Central Bank Remittance Practices,” are being provided...yield” and a possible jump in long-term interest rates, and  the fiscal

and, second, an identification strategy to extract the advance information...concerns expressed in the literature and outlined 3The focus of their

Treasury's financing operations or creating unduly low short-term rates...Treasury financing, which might have suffered from more drastic action

principal—you—and the agent—the intermediary—may not be aligned. That ...concerns about custody arrangements and recourse to 3 See Benjamin Bromberg

policy relevance. Shareholders have to notify the Federal Reserve if their...policy relevance in other industries. For instance, the recent draft of

Policy and Economic DevelopmentsFinancial StabilitySupervision and RegulationPayment...and any Branch or Branches) within each District, and the Washington,

concern over the level of short-term rates and the availability of reserves...yield) last Thursday and Friday, mainly on short covering by dealers and