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Bankowość centralna · 17/12/2007

Federal Reserve to Launch Temporary Term Auction Facility (TAF) for Depository Institutions

The Federal Reserve is introducing a new credit facility, the Term Auction Facility (TAF), allowing depository institutions to borrow from the Federal Reserve at interest rates determined by an auction, starting December 12, 2007.

Source: Federal Register — Federal ReserveOpen original release →