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NY Fed announces it will launch another.........>

FED
FED: NY Fed announces it will launch another $500bln overnight repo operation
today, from 1330-1345ET "to ensure that the supply of reserves remains ample and
to support the smooth functioning of short-term U.S. dollar funding markets."
- This is the same as Monday's announcement; and is in addition to $500bln in
overnight repo operation already conducted this morning.

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