Fed to Conduct Liquidity Operations Through January 2009, Introduces 84-Day TAF

Fed to Conduct Liquidity Operations Through January 2009, Introduces 84-Day TAFhttp://www.mortgagenewsdaily.com/7302008_Fed_Lending.aspIn addition to the $75 billion 28-day Term Auction Facility (TAF), the Fed will also be conducting a $25 billion 84-day TAF to address the ongoing "fragility" of the financial system . The Fed also said it would be extending its extraordinary lendingenCommunityServer 2008 SP2 (Build: 31106.96)