Money Supply & The Federal Reserve Message Board

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Non-Tech : Money Supply & The Federal Reserve

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To: Real Man who wrote (906)	8/7/2003 12:49:03 PM
From: Cush	Read Replies (1) of 1379

Vi, I don't know or understand much about SOMA lending. From the Securities Lending Terms & Conditions, I read this- Overnight lending Lending will be conducted on an overnight basis. Loaned securities that are not returned the following day prior to the close of Fedwire will be considered fails. I take this to mean these are O/N loans. Do you know differently? Cush

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