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http://www.bloomberg.com/apps/news?pid=20601087&sid=ag8wRAXxWbE4&refer=home

The U.S. Federal Reserve said the world's largest central banks will offer financial institutions unlimited dollar funds in an effort to ease tensions in money markets.

The ECB, the Bank of England and the Swiss central bank will conduct dollar auctions at maturities of seven days, 28 days and 84 days at a fixed interest rate, the Washington-based Fed said on its Web site today. The Bank of Japan will consider the introducing ``similar measures.''

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Created 12 weeks 2 days ago