Global Trade Alert
Global Trade Alert

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United States of America: The Federal Reserve purchases Merck & Co Inc. corporate bonds in July 2020

Description

On 10 July 2020, the Federal Reserve announced the purchase of USD 12 million worth of Merck & Co Inc corporate bonds over the past month. The operation is part of the Secondary Market Corporate C...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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