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Description
On 23 March 2020, the Federal Reserve established the Secondary Market Corporate Credit Facility (SMCCF) to purchase eligible corporate bonds and exchange-traded funds (ETF) through a special purpose ...
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Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
23 Mar 2020
Revocation date
31 Dec 2020
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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