United States of America: The Federal Reserve purchases Verizon Communications Inc. corporate bonds in July 2020
Announcement
10 Jul 2020
In July 2020, the Federal Reserve purchased Verizon Communications Inc corporate bonds as part of the Secondary Market Corporate Credit Facility (SMCCF) scheme.
On 10 July 2020, the Federal Reserve announced the purchase of USD 17 million worth of Verizon Communications Inc corporate bonds over the past month. The operation is part of the Secondary Market Cor...