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To: pater tenebrarum who wrote (45249)	4/6/2000 4:37:00 PM
From: John Madarasz	Read Replies (1) \| Respond to of 99985

ahhhhhh, the pause that refreshes<g> 4/6 4:30:18 pm Fed Briefing System repos add average $22121 bln in week Apr. 6-MAR-- [B] Fed Briefing: System repos add average $22.121 bln in week By Bridge News New York--Apr 6--System repurchase agreements added $22.121 billion on a daily average basis in the latest week, according to Fed data. * * * During the latest statement week, the Fed temporarily added reserves via 28-day repos on Thursday, weekend repos on Friday, and overnight repos on Monday and Wednesday. As of Wednesday, there were a total of $21.555 billion outstanding, representing the 60- and 90-day repos from Feb 9, the 28-day repos from Mar 27, the 28-day repos from Thursday and Wednesday's overnight RP. Also, a Fed spokesman said there was no large net miss in reserve projections in the latest week. According to the Fed data: PORTFOLIO: --A $1.47 billion decrease in the Fed's bill portfolio, of which $1.272 billion was solely due to matched sale-purchase transactions and the remaining $198 million was due to bill redemptions. --The data also showed no change in note and bond holdings. news.ino.com Regards, JM