What the PDCF is it's really an extension of the discount window beyond member banks.

一级交易商信贷工具是,对会员银行贴现窗口的一种扩展。

耶鲁公开课 - 金融市场课程节选

What's essential about the Primary Dealer Credit Facility is that they're opening up the discount window of lending beyond the member bank to primary dealers.

一级交易商信贷工具中,最本质的东西是,他们将会员银行的贴现窗口,向一级交易商打开了。

耶鲁公开课 - 金融市场课程节选

They wanted to eliminate the stigma it used to be embarrassing to borrow at the discount window because the discount rate would because it would be an admission that the bank is in trouble.

他们希望消除这种瑕疵,过去在贴现窗口借钱,常常被认为是尴尬的事,因为贴现率将,因为这将是处于困境的银行的,进入权。

耶鲁公开课 - 金融市场课程节选