Finance & markets · 23/10/2009
FDIC Establishes Limited Emergency Guarantee Facility to Support Debt Guarantee Program Phase-out
The FDIC is creating a limited emergency guarantee facility to help insured depository institutions and other entities replace maturing senior unsecured debt, which will conclude on October 31, 2009, with the FDIC's guarantee expiring on December 31, 2012.
Original source language: Federal Register — Federal Deposit Insurance CorporationOpen original release →