Fed auctions another 7.2 billion debt credit situation has improved.

U.S. Federal Reserve Treasury auction of 15 by way of tender further major investment banks 7.2 billion loan to further increase market liquidity and ease the credit crisis. .<P> (Http://finance.) Federal Reserve Federal Reserve Bank of New York under the same day the Treasury announced on its website the results of bidding and auction. .The amount of the auction bonds to provide much lower than the Fed had originally planned 250 billion U.S. dollars. .This shows that loan demand has slowed, the credit situation may be considered a sign of improvement. .</ P> <P> This is the eighth time the Fed through the "Term Securities Lending Tool" to bond tender auction. .From the March 27 auction date for the first time, the Fed had adopted this approach to investment banks provided a total of 278.5 billion U.S. dollars capital. .</ P> <P> to promote investment lending activities between banks and ease the mortgage-related securities and housing pressures, the Fed in March this year launched the "Term Securities Lending Tools" temporarily allow investment banks directly from the central bank .access to emergency loans. .In the past, only commercial banks can get emergency loans from the central bank. .This approach is considered to be the Fed since the first time since the thirties of last century such a large range in using its funding authority. .</ P>.