Global Trade Alert
Global Trade Alert

United States of America: The Federal Reserve purchases AT&T Inc. corporate bonds in August 2020

Announcement

10 Aug 2020

In August 2020, the Federal Reserve purchased AT&T Inc corporate bonds as part of the Secondary Market Corporate Credit Facility (SMCCF) scheme.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Aug 2020

Revocation date:

07 Oct 2020

Updated: 10 Aug 2020
State loan
On 10 August 2020, the Federal Reserve announced the purchase of USD 24 million worth of AT&T Inc corporate bonds over the past month. The operation is part of the Secondary Market Corporate Credit Fa...
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