/Fed: NY Fed said it will do a "small.......>

US TSYS: /Fed: NY Fed said it will do a "small value" sale of US Treasuries Wed

for testing "operational readiness" and "prudent advance planning. The conduct

of such exercises does not represent a change in the stance of monetary policy,

and no inference should be drawn about the timing of any change in the stance of

monetary policy in the future from them."

- The Fed thus will do a "small value Treasury sale operation, which will occur

on Wed, Dec. 6, 2017, beginning around 10:15 AM ET and ending at 11:00 AM ET.

The sale will not exceed a face value of $200 Mln and will be limited to

Treasury securities maturing between 20 and 30 years from the date of operation.

Results will be posted on the FRBNY's website following the completion of the

operation. The results will include the securities and total amounts accepted

and submitted."

- There is no monetary policy implication, it said.