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Federal Reserve to Conduct Two Auctions Through its Term Auction Facility in January 2009
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December 9, 2008
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| Circular No. 12037 | |
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The Federal Reserve will conduct two auctions of term credit through its Term Auction Facility (TAF) in January 2009. It will offer $150 billion of 28-day credit in an auction to be held on Monday, January 12, and $150 billion in 84-day credit in an auction to be held on Monday, January 26.
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