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.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast