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Fed to Extend Lending Facilities through Year-End
Fed to Extend Lending Facilities through Year-End
Posted:
Jul 30 2020
The Federal Reserve announced that it would extend several lending facilities that were set to expire on or around Sept. 30 to year-end. The extensions apply to:
The Primary Dealer Credit Facility
The Money Market Mutual Fund Liquidity Facility
The Primary Market Corporate Credit Facility
The Secondary Market Corporate Credit Facility
The Term Asset-Backed Securities Loan Facility
The Paycheck Protection Program Liquidity Facility
The Main Street Lending Program
The Fed’s Municipal Liquidity Facility is already set to expire on December 31, and the Commercial Paper Funding Facility is set to expire on March 17, 2021.
To read more, visit:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200728a.htm
