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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (33882)	5/19/2000 11:01:00 AM
From: Activatecard	Read Replies (1) \| Respond to of 42523

Heinz, Can you shed some light on why the Fed is doing this? From:http://www.marketwatch.newsalert.com/bin/story?StoryId=Coss8qcibmJy5ltm&FQ=repos&Title=Headlines%20for%3A%20repos%0A " New York--May 19--The Federal Reserve is expected inject reserves Friday with a round of weekend system repos even though the funds rate continues to trade below the Fed's new target. " "Saporta noted that the Fed's add need will rise to $15 billion in the next maintenance period and said that "definitely argues for more long-term RPs and maybe another coupon pass." "