New York Fed Looks to Expand 13 Facilities Counterparties and Agents for Commercial Paper Funding Facility, SMCCF and TALF
July 24, 2020
July 24, 2020
NEW YORK, July 24 -- The Federal Reserve Bank of New York issued the following news release:
The Federal Reserve Bank of New York announced that it is looking to expand its counterparties and agents, as applicable, for the Commercial Paper Funding Facility (CPFF), the Secondary Market Corporate Credit Facility (SMCCF) and the Term Asset-Backed Securities Loan Facility (TALF). By widening the eligibility criteria for counterparties and agents, the Bank intends to further its mandate . . .
The Federal Reserve Bank of New York announced that it is looking to expand its counterparties and agents, as applicable, for the Commercial Paper Funding Facility (CPFF), the Secondary Market Corporate Credit Facility (SMCCF) and the Term Asset-Backed Securities Loan Facility (TALF). By widening the eligibility criteria for counterparties and agents, the Bank intends to further its mandate . . .