REPO					REVERSE REPO					Net
LAF		Repo/RR	Bids Received		Bids Accepted		Cut-Off	Bids Received		Bids Accepted		Cut-Off	injection(+)	Outstanding
Date		period	Number	Amount	Number	Amount	Rate(%)	Number	Amount	Number	Amount	Rate(%)	absorption	Amount @
		(Day(s))											(-) of
													liquidity (11-6)
1		2	3	4	5	6	7	8	9	10	11	12	13	14
Dec.	15,2003	1	53	24,775	53	24,775	4.50	—	—	—	—	—	–24,775	24,775
Dec.	15,2003	14	9	3,135	9	3,135	4.50	—	—	—	—	—	–3,135	27,910
Dec.	16,2003	1	55	31,110	55	31,110	4.50	—	—	—	—	—	–31,110	34,245
Dec.	17,2003	1	50	29,475	50	29,475	4.50	—	—	—	—	—	–29,475	32,610
Dec.	18,2003	1	48	25,245	48	25,245	4.50	—	—	—	—	—	–25,245	28,380
Dec.	19,2003	3	46	21,925	46	21,925	4.50	—	—	—	—	—	–21,925	25,060
@ : Net of reverse repo. Includes 14-day repo. ' — ' : No bid was received in the auction.