Bankowość centralna · 26/09/2008

Federal Reserve Eases Lending Facility Rules for Member Banks

The Federal Reserve System has adopted a special lending facility to help reduce liquidity strains on money market mutual funds. Member banks can borrow from the Federal Reserve Bank of Boston to purchase asset-backed commercial paper from affiliated funds, with regulatory exemptions from certain provisions.

Source: Federal Register — Federal ReserveOpen original release →

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