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Federal Reserve offers $150 billion in 28-day credit through its Term Auction Facility

by Sabrina I. Pacifici on Jun 28, 2009

News release: “On June 29, 2009, the Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility.

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