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ECONOMIC RELEASE

Money markets: SOFR 3.57% (-2bp) · Fed ON RRP $0.0B (-$0.1B d/d)

Secured Overnight Financing Rate for 2026-07-20: 3.57% (prior 3.59%). ON RRP total accepted for 2026-07-20: $0.0B (prior day $0.1B).

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