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mlsoft

12/04/02 1:49 AM

#51485 RE: ieddyi #51484

ieddyi...

In case federal reserves is done for the night....

Repo's and reverse repo's are for specific short durations and automatically reverse themselves. They are used to put in or take out funds for short periods of time.

Coupon passes do not have a time limit and are permanent injections of liquidity. They are considered to be monetization of the debt.

Hope that helps.

mlsoft