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Federal Reserve Announces $750 Billion in Credit Facilities for Corporate Debt Market

On April 9, the Federal Reserve Board announced updated terms for two facilities to support corporate debt markets. The Primary Market Corporate Credit Facility (“PMCCF”) will serve as a funding backstop for corporate debt...more

Federal Reserve Announced Yesterday Sweeping Actions to Support the Flow of Credit and Provide Liquidity to the Markets

Prior to the open of markets in the U.S. on March 25th, the Federal Reserve announced that it is committed to using its full range of tools to address the coronavirus pandemic. The steps announced by the Federal Reserve...more

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