Announcement
10 Jul 2020
In July 2020, the Federal Reserve purchased Merck & 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:
No revocation date
Updated: 10 Jul 2020
State loan
In force
On 10 July 2020, the Federal Reserve announced the purchase of USD 12 million worth of Merck & Co Inc corporate bonds over the past month. The operation is part of the Secondary Market Corporate Cr...
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