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Barclays Bank of California announced that it...

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Barclays Bank of California announced that it has purchased the MasterCard portfolio of Central Bank, Walnut Creek, Calif., consisting of 26,000 cardholders, for undisclosed terms . . . The Federal Reserve reported that the average yield for one-year T-bills, the most popular index for making changes in adjustable rate home mortgages, fell to 5.80% last week after averaging 5.97% the week before.

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