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Posted: May 15, 2008 at 2:40 pm by Lisa
There are those who say the following numbers are proof the credit crisis is nearing an end, as it shows less demand for money from the Fed’s. I say they are simply running out of quality/acceptable collateral. We’ll see.
NY FED: $7.24B IN TOTAL BIDS SUBMITTED AT $25B 28-DAY TSLF AUCTION, BID TO COVER RATIO 0.29
- Stop out rate 0.1%
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