The Commercial Paper Funding Facility

نویسندگان

چکیده

In mid-March, the Federal Reserve announced a slew of credit and liquidity facilities aimed at supporting provision to U.S. households businesses. Among initiatives is Commercial Paper Funding Facility (CPFF) which aims support market functioning provide backstop for commercial paper market. The domestic provides venue short-term financing companies employ more than 6 million Americans. Securities in represent key asset class money mutual funds. This post documents dislocations that motivated creation this facility, tracks subsequent improvement conditions.

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ژورنال

عنوان ژورنال: Social Science Research Network

سال: 2022

ISSN: ['1556-5068']

DOI: https://doi.org/10.2139/ssrn.4155578