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Bankowość centralna · 26/09/2008

Federal Reserve Adopts Risk-Based Capital Guidelines to Leverage Capital for Money Market Mutual Funds

The Federal Reserve System has introduced a special lending facility to help reduce liquidity strains on money market mutual funds by allowing depository institutions to borrow from the Federal Reserve Bank of Boston on a nonrecourse basis to purchase asset-backed commercial paper.

Source: Federal Register — Federal ReserveOpen original release →