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New York Fed Announces First Subscription Date of June 17 for Term Asset-Backed Securities Loan Facility, Releases Additional Information
May 21, 2020
NEW YORK, May 21 -- The Federal Reserve Bank of New York issued the following news release on May 20:

The Federal Reserve Bank of New York announced the first loan subscription date for the Term Asset-Backed Securities Loan Facility (TALF) and released an expanded set of Frequently Asked Questions (FAQs) and other documents pertaining to the facility's operations. The TALF's first subscription date for loans backed by eligible asset-backed securities (ABS) will be June 17, 2020, and . . .

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