As a result of the Securities Industry and Financial Markets Association (SIFMA) recommendation for a full market closure on Friday, December 24, 2021, the Open Market Trading Desk (Desk) does not intend to conduct operations on that date. All overnight repurchase and reverse repurchase agreements and securities lending transactions executed on Thursday, December 23, 2021 will mature on Monday, December 27, 2021. Additionally, any Treasury security purchases executed on Thursday, December 23, 2021 will settle on Monday, December 27, 2021.
While the Desk does not intend to conduct operations on December 24, 2021, the Fedwire® Securities Service will operate during its regular hours on that date.