New York Fed releases expanded reverse repo counterparties list

Effective January 16, 2015, the New York Fed has accepted the following as reverse repurchase transaction counterparties. This is in addition to the primary dealers and previously approved reverse repurchase transaction counterparties.
Abbey National Treasury Services plc (US Branch)
Ally Bank
Bank of America, N.A.
Goldman Sachs Bank USA
Natixis New York Branch
Sumitomo Mitsui Banking Corporation, NY branch
The Northern Trust Company
Government-Sponsored Enterprises
Federal Agricultural Mortgage Corporation (Farmer Mac)
Federal Home Loan Bank of Atlanta
Federal Home Loan Bank of Dallas
Federal Home Loan Bank of New York
Federal Home Loan Bank of San Francisco
Federal Home Loan Bank of Seattle
Investment Manager Money Market Funds
AllianceBernstein L.P. AllianceBernstein – Government STIF Portfolio
Columbia Management Investment Advisers, LLC Columbia Short-Term Cash Fund, a series of Columbia Funds Series Trust II
Dimensional Fund Advisors LP The DFA Short Term Investment Fund of The DFA Investment Trust Company
Fidelity Management and Research Company Fidelity Hereford Street Trust: Fidelity Government Money Market Fund
Goldman Sachs Asset Management, L.P. Goldman Sachs Financial Square Federal Fund
Goldman Sachs Financial Square Tax-Free Money Market Fund
J.P. Morgan Investment Management Inc. JPMorgan 100% U.S. Treasury Securities Money Market Fund
JPMorgan Tax Free Money Market Fund
PFM Asset Management LLC PFM Funds – Prime Series
Reich & Tang Asset Management, LLC Daily Income Fund – Money Market Portfolio
SSgA Funds Management, Inc. Institutional US Gov. Money Market Fund, a series of the  State Street Master Funds
SSgA US Treasury Money Market Fund, a series of the SSgA Funds Trust

Inclusion on this list means that those listed are eligible to participate in reverse repurchase agreements with the New York Fed and will be able to transact with the New York Fed upon completion of legal, operational and technical setup. It does not mean that any listed eligible reverse repurchase transaction (RRP) counterparty is eligible for any other program or transactional relationship with the New York Fed. Further, it does not in any way constitute a public endorsement of any listed eligible RRP counterparty by the New York Fed, nor should inclusion on the list be viewed as a replacement for prudent counterparty risk management and due diligence. Each listed counterparty applied to be an eligible RRP counterparty under the criteria and application published by the New York Fed on November 12, 2014.

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