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View Full Version : Term Securities Lending Facility



mick silver
12th November 2008, 15:49
The Term Securities Lending Facility is a 28-day lending facility that offers Treasury general collateral to the Federal Reserve Bank of New York’s primary dealers in exchange for other program-eligible collateral. It is intended to promote liquidity in the financing markets for Treasury and other collateral and thus foster the functioning of financial markets more generally.

http://www.newyorkfed.org/markets/tslf/termseclending.cfm?date=111208