New York Fed Selects Additional Firms to Broaden Its Counterparty Base for Agency CMBS and CPFF
October 20, 2020
October 20, 2020
NEW YORK, Oct. 20 -- The Federal Reserve Bank of New York issued the following news release on Oct. 19:
The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, agency commercial mortgage backed securities (agency CMBS) purchases and the Commercial Paper Funding Facility (CPFF). By widening the eligibility criteria for counterparties and agents for these market operations and 13(3) facilities, the New York Fed is furt . . .
The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, agency commercial mortgage backed securities (agency CMBS) purchases and the Commercial Paper Funding Facility (CPFF). By widening the eligibility criteria for counterparties and agents for these market operations and 13(3) facilities, the New York Fed is furt . . .