Announcement
10 Aug 2020
In August 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 Aug 2020
Revocation date:
No revocation date
Updated: 10 Aug 2020
State loan
In force
On 10 August 2020, the Federal Reserve announced the purchase of USD 22 million worth of General Motors Financial Co Inc corporate bonds over the past month. The operation is part of the Secondary Mar...
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