Treasury To Lower Debt Protection On TALF

The Federal Reserve has agreed to allow the Department of Treasury to reduce the amount of credit protection it provides on the Fed’s Term Asset-Backed Loan Facility from $4.3 billion to $1.4 billion as most of the loans under TALF have been repaid and the balance has shrunk to just $5.3 billion.

  • 29 Jun 2012
The Federal Reserve has agreed to allow the Department of Treasury to reduce the amount of credit protection it provides on the Fed’s Term Asset-Backed Loan Facility from $4.3 billion to $1.4 billion as most of the loans under TALF have been repaid and the balance has shrunk ...

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