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To: pallmer who wrote (4752)	1/13/2003 10:17:00 AM
From: Softechie	Respond to of 29600

FEED ME AG!!! STEAKS PLEASE AND NO $1 BURGER!!!

To: pallmer who wrote (4752)	1/13/2003 10:34:13 AM
From: pallmer	Read Replies (1) \| Respond to of 29600

-- Fed adds $3.0 bln reserves by overnight repos -- NEW YORK, Jan 13 (Reuters) - The Federal Reserve said on Monday it added $3.0 billion in temporary reserves to the banking system by overnight fixed system repurchase agreements. The following collateral were accepted: $2.400 billion in Treasuries, stop-out 1.24 percent; $0.225 billion in agencies, stop-out 1.27 percent. $0.375 billion in mortgage-backed, stop-out 1.27 percent. Federal funds were trading at 1.25 percent, the Fed's target for the rate, at the time of the operation. ((Reporting by Wayne Cole; editing by Gerald E. McCormick; Reuters Messaging: wayne.cole.reuters.com@reuters.net; phone 646-223-6278)) (C) Reuters 2003. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. nN13219195 FED/ 13-Jan-2003 15:33:03 GMT Source RTRS - Reuters News