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BUNDESBANK SETS NEW REPURCHASE TENDER
The Bundesbank set a new tender for a
28-day securities repurchase agreement, offering banks
liquidity aid at a minimum bid rate of 3.50 pct, a central bank
spokesman said.
Banks must make their bids by 1400 GMT today and funds
allocated will be credited to accounts tomorrow. Banks must
repurchase securities pledged on July 1.