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To: Activatecard who wrote (82591)1/6/2000 10:56:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
SAF, first of all take a look at these links:

briefing.com

ntrs.com

repo's are basically FOMC operations designed to keep the Fed Funds rate on target while satisfying credit demand...the mechanics of repo's and coupon passes are explained in the first link, the second link shows how this money finds it's way into the stock market.

hb