According to a tweet from LBank Labs, on August 6th, the TechFlow reported that the Federal Reserve System (FED) had released a tentative plan for August Treasury bill repurchase operations on July 31, 2024. According to the plan, the Fed will conduct a series of liquidity support and cash management operations starting on August 7, 2024.Key points:

1. Operation time span: from August 7, 2024 to October 31, 2024;

2. Operation frequency: 1-2 times per week;

3. Operation type: mainly for liquidity support, some for cash management;

4. Security types: including nominal interest-bearing bonds of different maturities and inflation-protected securities (TIPS);

5. Single operation scale: up to $5.5 billion.