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To: pater tenebrarum who wrote (3627)1/24/2000 9:53:00 AM
From: clochard  Read Replies (2) | Respond to of 42523
 
Monday January 24, 9:53 am Eastern Time

Alert: Fed Says Added $5.50 Bln Reserves Via
Monday's Overnight Tri-party System Rps (currency,
options)

Monday January 24, 9:36 am Eastern Time

Fed says adds reserves via overnight system repos

NEW YORK, Jan 24 (Reuters) - The Federal Reserve said it added temporary reserves to the banking system on Monday via overnight system repurchase agreements for triparty settlement.

At the time of the operation, federal funds were trading at 5-9/16 percent, according to Garban-Intercapital, slightly above the Fed's 5-1/2 percent target for the rate.