United States of America: The Federal Reserve purchases General Electric Co corporate bonds in August 2020
Announcement
10 Aug 2020
In August 2020, the Federal Reserve purchased General Electric Co corporate bonds as part of the Secondary Market Corporate Credit Facility (SMCCF) scheme.
On 10 August 2020, the Federal Reserve announced the purchase of USD 24 million worth of General Electric Co corporate bonds over the past month. The operation is part of the Secondary Market Corporat...