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To: pater tenebrarum who wrote (81191)	12/27/1999 12:43:00 PM
From: Ken98	Read Replies (1) \| Respond to of 86076

<<US Govt Repo: Active issues relatively inexpensive in quiet trade By Bridge News New York--Dec 27-- .... A repo trader predicted the cost of borrowing over the turn will come in below 5 1/2%. "The Fed's just adding too much" for the rate to blow up, he said. The trader noted that the Fed add almost $20 billion of reserves just today. The 11-day repos it prearranged last Wednesday totaled $10.936 billion, and it came in this morning with 17-day system repos that totaled $8.980 billion. ...>> <<US Treasury says special investment on Fri totaled $1.515 bln By Bridge News Washington--Dec 27--The US Treasury Department said Monday that Friday's special direct investment totaled $1.515 billion and a direct investment, also made Friday, totaled $825 million. ...>>