Term agreements are used by the U.S. Treasury and the Federal Reserve to auction off longer-term U.S. government notes and bonds.

Name: Term agreements are used by the U.S. Treasury and the Federal Reserve to auction off longer-term U.S. government notes and bonds.
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Term agreements are not used for auctioning U.S. government notes and bonds; instead, the U.S. Treasury uses a process called Treasury auctions to sell these securities.

Term Agreements Are Used by the U