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ECONOMIC RELEASE

Money markets: SOFR 3.64% (+2bp) · Fed ON RRP $0.9B (+$0.5B d/d)

Secured Overnight Financing Rate for 2026-07-23: 3.64% (prior 3.62%). ON RRP total accepted for 2026-07-23: $0.9B (prior day $0.4B).

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