Sentences with phrase «liquidity facilities»

During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.

The expiration date of the Asset - Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF), the Commercial Paper Funding Facility (CPFF), the Primary Dealer Credit Facility (PDCF), and the Term Securities Lending Facility (TSLF) is extended through February 1, 2010.

Hence, as part of the liquidity regime, the Reserve Bank will be offering banks access to a Committed Liquidity Facility (CLF).

Variable Rate Demand Note Inventory and Remarketing PNC has a portfolio which approaches $ 8 billion and includes issues enhanced by letters of credit from investment grade commercial banks and insurance companies with bank liquidity facilities.

In mid-October, US Treasury Secretary Hank Paulson announced an intent to create a «Super SIV» (to be backed by the US government) that would «rescue» Citi from losses suffered in off balance sheet» commercial paper conduits» that Citibank supported with standby liquidity facilities.

If it is in queue, it shall be given highest priority and when it fails to settle, the system shall generate an automatic Intra-day Liquidity Facility (ILF) backed by collateral to settle the transaction.

it is even more transparent in liquidity facilities they create and in quantitative easing, where they put the solvency of the central bank at risk.

Most of the savings, however, is due to the federal government's lower cost of funds and to a cost comparison with a baseline that assumes that the ECASLA liquidity facilities will not be extended.

LIC Endowment Assurance Policy is an endowment policy with high bonus and liquidity facility incorporated.

He explained different countries need different measures, saying Britain has a smaller number of institutions and pointing out its «special liquidity facility» which has made available more than # 100 billion.

The Federal Reserve Board announces the creation of the Asset - Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) to extend non-recourse loans at the primary credit rate to U.S. depository institutions and bank holding companies to finance their purchase of high - quality asset - backed commercial paper from money market mutual funds.

Self - securitisations are primarily used by participating banks for the Committed Liquidity Facility (CLF) in order to meet their regulatory requirements.

In this article, authors Michael J. Fleming and Nicholas J. Klagge examine the effects of the liquidity facilities on the Federal Reserve's interest and fee income between August 2007 and December 2009 — the period of the facilities» greatest usage.

The RBA provides a Committed Liquidity Facility (CLF) to participating ADIs required by APRA to maintain a liquidity coverage ratio (LCR) at or above 100 per cent.

In my view, no sooner will all of this «tough love» leave the lips of Fed governors than the Fed will be forced to announce some novel emergency «liquidity facility» to address a fresh round of credit concerns.

In light of improved functioning of financial markets, the Federal Reserve has closed all but one of the special liquidity facilities that it created to support markets during the crisis.

In light of improved functioning of financial markets, the Federal Reserve has been closing the special liquidity facilities that it created to support markets during the crisis.

The Federal Reserve Board announces that it will extend three liquidity facilities, the Primary Dealer Credit Facility (PDCF), the Asset - Backed Commercial Paper Money Market Fund Liquidity Facility (AMLF), and the Term Securities Lending Facility (TSLF) through April 30, 2009.

The Commercial Paper Funding Facility, Asset - Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, Primary Dealer Credit Facility, and Term Securities Lending Facility programs expire.

In the case of a VRDO, the backing is normally from a bank, which can come in various forms: a letter of credit, a stand - by purchase agreement, or just a liquidity facility.

On October 24th, Monarch Airlines and other parts of Monarch Holdings Limited, the UK's leading independent leisure travel group, completed a restructuring programme and sale of 90 per cent of the group to Greybull Capital LLP under which it secured # 125 million of permanent capital and liquidity facilities.

the restructuring of the liquidity facility and payment waterfalls to implement a settlement agreed between the senior noteholders and the liquidity facility provider

On Monday, Centro announced it had finalized a $ 95 million liquidity facility, what it described as «certain inter creditor arrangements between its financiers.»