Announcement
23 Mar 2020
In March 2020, the Federal Reserve launched the Secondary Market Corporate Credit Facility to support credit to businesses by providing liquidity to the market for outstanding corporate bonds.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
23 Mar 2020
Revocation date:
31 Dec 2020
Announced: 23 Mar 2020
Debt purchase
On 23 March 2020, the Federal Reserve established the Secondary Market Corporate Credit Facility (SMCCF) to purchase eligible corporate bonds and exchange-traded funds (ETF) through a special purpose ...
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