New York Fed Announces Start of Additional Secondary Market Corporate Credit Facility Purchases on June 16
June 16, 2020
June 16, 2020
NEW YORK, June 16 -- The Federal Reserve Bank of New York issued the following news release:
The Federal Reserve Bank of New York announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin buying corporate bonds on June 16. The New York Fed also released additional Frequently Asked Questions regarding the purchase strategy for these eligible assets.
As specified in the revised term sheet, the SMCCF will begin purchases of corporate bonds to create . . .
The Federal Reserve Bank of New York announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin buying corporate bonds on June 16. The New York Fed also released additional Frequently Asked Questions regarding the purchase strategy for these eligible assets.
As specified in the revised term sheet, the SMCCF will begin purchases of corporate bonds to create . . .