Federal Reserve will conduct two auctions of 28-day credit Term Auction
Wednesday, February 27th, 2008The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in February. It will offer $30 billion in an auction to be held on Monday, February 11 and $30 billion in an auction to be held on Monday, February 25.
To facilitate participation by smaller institutions, the minimum bid size […]