Announcement
10 Jul 2020
In July 2020, the Federal Reserve purchased General Motors Financial Co 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 Jul 2020
Revocation date:
09 Aug 2020
Updated: 10 Jul 2020
State loan
On 10 July 2020, the Federal Reserve announced the purchase of USD 10 million worth of General Motors Financial Co Inc corporate bonds over the past month. The operation is part of the Secondary Marke...
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