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To: UnBelievable who wrote (94490)4/16/2001 8:37:11 AM
From: John Madarasz  Respond to of 436258
 
Monday April 16, 8:24 am Eastern Time

Fed adds reserves via 28-day fixed system repos
NEW YORK, April 16 (Reuters) - The Federal Reserve said on Monday it was adding temporary reserves to the banking system through 28-day fixed system repurchase agreements.

Federal funds were trading at 5-3/16 percent, according to Garban-Intercapital, above the Fed's 5 percent target for the rate.

biz.yahoo.com