Message:

<p>[QUOTE=&quot;fatima, post: 1308337, member: 22143&quot;]Posted above.&nbsp; It&#039;s via the Federal Reserve Fedwire system using Federal Reserve dollars.&nbsp; Fedwire only processes FRNs.&nbsp; &nbsp; All of the primary dealers are either Federal Reserve banks or foriegn banks with direct access to the Federal Reserve.&nbsp; It&#039;s the Federal Reserve that holds the auctions.&nbsp; </p><p><br /></p><p>Your contention, like all the rest here, is simply incorrect.&nbsp;&nbsp; .[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in