8.3.20
The Federal Reserve announced on Tuesday, July 28, an extension through December 31 for its lending facilities, including the Term Asset-Backed Securities Loan Facility (TALF), that were originally set to expired at the end of September. According to the Fed, “the three-month extension will facilitate planning by potential facility participants and provide certainty that the facilities will continue to be available to help the economy recover from the COVID-19 pandemic.”
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