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Non-Tech : Money Supply & The Federal Reserve -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (910)8/7/2003 6:59:11 PM
From: Cush  Read Replies (1) | Respond to of 1379
 
Hmmm. That's very oddly expressed then. I was quoting from the SOMA Securities Lending Terms & Conditions.
ny.frb.org

Maybe when they say-

Overnight lending

Lending will be conducted on an overnight basis. Loaned securities that are not returned the following day prior to the close of Fedwire will be considered fails.


they are only referring to a portion of the amounts that are being lent?

But it doesn't read that way to me.

Cush