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The facility will buy unsecured and asset-backed three-month commerical paper directly from eligible issuers.
FORBES: Wall Street Crisis
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The Fed will buy unsecured and asset-backed three-month commerical paper directly from eligible issuers.
FORBES: Wall Street Crisis
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The facility will buy unsecured and asset-backed three-month commerical paper directly from eligible issuers, and the Fed will lend funds to the vehicle at the the target Fed funds rate.
FORBES: Magazine Article