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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: August 28, 2009

For release at 10:00 a.m. EDT

The Federal Reserve on Friday announced that the amounts of Term Auction Facility (TAF) credit offered at each of the two auctions in September will be reduced to $75 billion from $100 billion in August. Specifically, the Federal Reserve will offer $75 billion of 84-day credit on Tuesday, September 8, and $75 billion of 28-day credit on Monday, September 21.  

Last update: August 28, 2009