Press Release

Federal Reserve Press Release



Release Date: December 1, 2008

For release at 10:00 a.m. EST



On December 1, 2008, the Federal Reserve will offer $150 billion in 84-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility (www.federalreserve.gov/monetarypolicy/taf.htm).



Description of Offering and Auction Parameters



Full article here.





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