Amadeusz Juskowiak

Ny bank discount borrowings 64 mln dlrs

The eight major New York City banks had 64 mln dlrs in average borrowings from the Federal Reserve in the week to Wednesday February 25 a Fed spokesman said

The week marked the second half of the twoweek bank statement period that ended on Wednesday The banks had no borrowings in the prior week

Commenting on the latest week a Fed spokesman said that all of the borrowing occurred yesterday and was done by fewer than half of the banks

National data on discount window borrowings are due to be released at 1630 EST 2130 GMT