Planned Standard Fedline Offers Direct Submission Of Treasury Bids

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THE Federal Reserve Bank has set a January launch date for Standard Fedline, the first version of the automated tender system it is developing to facilitate direct submission of bids for Treasury auctions. A Fast Fedline version of the PC-based software will follow by the end of 1992, enhanced with features aimed at more aggressive competitive bidders.

For investors and money managers anxious to take advantage of the more relaxed bidding rules introduced earlier this month, the system will

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