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| 2009 | MARCH RES CORP COM NPV : U.S. Treasury: lending fell in March at TARP banks | RE |
| 2009 | MARCH RES CORP COM NPV : U.S. home prices fall 18.7 percent on year in March | RE |
WASHINGTON (Reuters) - Federal Reserve officials worried in March about credit risk to their own institution when launching a lending facility to shield bond dealers from the credit woes that felled Bear Stearns, minutes of emergency meetings in mid-March released on Friday showed.
The Fed saw broad impairment in financial markets and evidence primary dealers might have difficulty financing their operations, the minutes said.
"Board members considered whether six months was an appropriate duration for the facility, and they asked about provisions in the new facility for protecting the Federal Reserve against credit risk," the minutes said.
(Reporting by Mark Felsenthal; Editing by Neil Stempleman)
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