OPENMARKETOPERATIONSDURING2022AReportPreparedfortheAPRILFederalOpenMarketCommittee2023bytheMarketsGroupoftheFederalReserveBankofNewYorkCONTENTSThisreport,presentedtotheFederalOpenMarketSOMAForeignCurrency–DenominatedHoldings.............24CommitteebyRobertoPerli,ManagerofthePrimaryCreditProgram..............................................25SystemOpenMarketAccount,describesopenEmergencyCreditandLiquidityFacilities........................26marketoperationsoftheFederalReserveSystemSelectedLiabilities........................................................27forthecalendaryear2022.ChristianCabanilla,ReserveBalances.....................................................29ShafatAlam,AidanBrown,KathrynChen,FederalReserveNotes..............................................29DaynaGoodwin,RadhikaMithal,LinseyMolloy,ReverseRepurchaseAgreements...................................30andJulieRemachewereprimarilyresponsibleforDeposits.....................................................................31preparationofthereport.FinancialResults...........................................................32SOMANetIncome..................................................32Overview...........................................................1FederalReserveRemittances.......................................32SOMAUnrealizedGainsandLosses......
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