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Lower interest rates might encourage banks to tap non-standard facilities (312-P loans backed by non-market collateral) more actively and thus reduce pressure on the standard short-term REPO facility, where collateral use spiked again causing increased stress to the money market.
The RIFP provides modem control code, a Class 1 fax interface, and fax communications protocols, including Non-Standard Facilities and binary file transfer, allowing image data to be sent in bitmap or PCL formats.