Saturday, May 7, 2011

Fed moves again: with 300 million loan.

<P> Federal Reserve will today (Feb. 25) starting again by TAF (TermAuctionFacil-ity, Term Auction Facility) to invest 30 billion U.S. dollars of financial institutions a 28-day short-term loans. .According to information released by the Federal Reserve, the public bidding of the short-term loans 2.81% Minimum purchase interest rate, and in increments of 0.001%; every financial institution the amount of each purchase a minimum of $ 5,000,000 to $ 100,000 increments, .maximum of 30 billion U.S. dollars. .</ P> <P> It http://finance. News, the tender will be held February 25 Beijing time 23:00 start 02:00 am on February 26 ended. .The Fed on Tuesday announced the results of the tender and will be February 28 loans, maturity date is March 27. .This reporter has learned, TAF the Fed issues for the newly created sub-prime lending mechanism, individual financial institutions can guarantee bonds have depreciated to discount vouchers to ease liquidity shortages. .</ P>.

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