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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday
MNI: Text - Fed Expands Terms of MMLF Program
WASHINGTON (MNI) - The Federal Reserve released the following press release
Friday:
The Federal Reserve Board on Friday expanded its program of support for the
flow of credit to the economy by taking steps to enhance the liquidity and
functioning of crucial state and municipal money markets. Through the Money
Market Mutual Fund Liquidity Facility, or MMLF, the Federal Reserve Bank of
Boston will now be able to make loans available to eligible financial
institutions secured by certain high-quality assets purchased from single state
and other tax-exempt municipal money market mutual funds.
The attached term sheet details the assets that are eligible under the MMLF
program, as well as additional information.
More detailed program terms and conditions and an operational calendar will
be published soon.
Link:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200320b.htm
--MNI Washington Bureau; +1 202 371 2121; email: evan.ryser@marketnews.com
[TOPICS: MMUFE$,M$U$$$,M$$CR$,MGU$$$]
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.