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bob3

10/06/08 9:52 AM

#32206 RE: RCKS #32205

drain $$ from intra day ops.
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chichi2

10/06/08 9:56 AM

#32207 RE: RCKS #32205

RCKS, it is an attempt to put support under the low very short term rates. the reverse repro is the Fed selling notes at the short term rates.

this attempts to address those bottom rates being too low