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N.Y. Fed Releases Additional Information on Primary Market, Secondary Market Corporate Credit Facilities
May 05, 2020
NEW YORK, May 5 -- The Federal Reserve Bank of New York issued the following news release on May 4:

The Federal Reserve Bank of New York released an expanded set of Frequently Asked Questions regarding the Primary Market and Secondary Market Corporate Credit Facilities.

The Primary Market Corporate Credit Facility (PMCCF) was established to support credit to large employers for bond and syndicated loan issuance. The PMCCF will allow companies access to credit so that th . . .

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