The scale of the TSLF raises concerns that the Fed, in its attempt to reduce liquidity risk, is taking on too much credit risk.

定期证券借贷安排的规模引起人们开始关注，美联储在采取行动减少流动性危机的时候，却冒着很大的信贷风险。

youdao

The TSLF is different: it is a bond-for-bond arrangement aimed explicitly at providing liquidity to markets beyond those where cash is traded.

但定期证券借贷安排却不同：它是一种以债券换债券的方式，而且目标锁定在那些现金交易以外市场，为它们提供流动性。

youdao

You should also note that he was a big admirer of Franklin Delano Roosevelt, and this might be reflected in his use of acronyms for all his various "vehicles" (TARP, TAF, TSLF, PDCF, TALF, TDF, etc.).

你也可以注意到，他是富兰克林·罗斯福的拥护者。 这也许可以从他手中五花八样的“工具”中体现出来，他也喜欢给它们以首字母缩略词命名。

youdao

The TAF is for depository institutions, which are essentially banks, and the TSLF is for security dealers.

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