New York Fed Announces Small Value Treasury Sale Operation for Operational Readiness

The Federal Reserve Bank of New York announced its intention to conduct a small value Treasury sale operation on Tuesday, November 3, 2026, as part of its operational readiness testing for existing and potential policy directives from the Federal Open Market Committee (FOMC). The sale will not exceed a face value of $50 million and will be limited to Treasury nominal coupon securities maturing between 1.5 and 3 years.