Jan 27 (Reuters) - NY FED:

* NY FED ISSUES STATEMENT REGARDING REPURCHASE OPERATIONS

* NY FED SAYS THE DESK AT NY FED WILL NO LONGER OFFER REGULARLY-SCHEDULED ONE-MONTH TERM REPO OPERATIONS FOLLOWING CURRENT MONTHLY SCHEDULING PERIOD

* NY FED SAYS DESK WILL CONTINUE TO CONDUCT LARGE-SCALE, DAILY OVERNIGHT REPO OPERATIONS EACH AFTERNOON

* NY FED SAYS ONE-MONTH TERM REPO OPERATIONS SCHEDULED FOR FEBRUARY 2 AND 9 WILL BE THE LAST REGULARLY-SCHEDULED TERM REPO OPERATIONS

* NY FED SAYS DESK REMAINS READY TO ADJUST REPO OPERATIONS AS APPROPRIATE TO SUPPORT EFFECTIVE POLICY IMPLEMENTATION Source text for Eikon: Further company coverage: [ ]