Press Release
![Federal Reserve Press Release](https://webarchive.library.unt.edu/eot2008/20090117030718im_/http://www.federalreserve.gov/gifjpg/PRimage.gif)
Release Date: December 9, 2008
For immediate release
The Federal Reserve will conduct two auctions of term credit through its Term Auction Facility (TAF) in January 2009. It will offer $150 billion of 28-day credit in an auction to be held on Monday, January 12, and $150 billion in 84-day credit in an auction to be held on Monday, January 26.
Last update:
December 9, 2008