NEW YORK, Oct 10 (Reuters) - The Federal Reserve on Wednesday sold on the open market $7.8 billion of U.S. Treasuries maturing April 2014 through February 2015, the New York Fed said on its website.
Dealers submitted a total of $44.482 billion of Treasuries for the sale, the New York Fed said.
The sale was part of the Fed's "Operation Twist" stimulus program , which extends the maturity of the central bank's Treasuries holdings in a bid to lower mortgage rates and other long-term borrowing costs.
For details, click on .
(Reporting by Chris Reese; Editing by Leslie Adler)
Keywords: MARKETS FED/SALES