New York Fed Selects Additional Firms to Broaden Its Counterparty Base for CPFF and SMCCF
November 07, 2020
November 07, 2020
NEW YORK, Nov. 7 -- The Federal Reserve Bank of New York issued the following news release on Nov. 6:
The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, the Commercial Paper Funding Facility (CPFF) and the Secondary Market Corporate Credit Facility (SMCCF).
By widening the eligibility criteria for counterparties and agents for these 13(3) facilities, the New York Fed is furthering its commitment to . . .
The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, the Commercial Paper Funding Facility (CPFF) and the Secondary Market Corporate Credit Facility (SMCCF).
By widening the eligibility criteria for counterparties and agents for these 13(3) facilities, the New York Fed is furthering its commitment to . . .