United States of America: The Federal Reserve purchases Verizon Communications Inc. corporate bonds in August 2020
Announcement
10 Aug 2020
In August 2020, the Federal Reserve purchased Verizon Communications Inc 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 28 million worth of Verizon Communications Inc corporate bonds over the past month. The operation is part of the Secondary Market C...