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*** Scant $6.2B priced last week...........>

PIPELINE
PIPELINE: *** Scant $6.2B priced last week ($38.95B on month)
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #
03/14 No new issuance since Wednesday
- 
Given current stress tied to Covid-19 virus knock-on affect on markets, some
early chatter over Fed re-implementing an old policy tool: Commercial Paper
Funding Facility, CPFF lent a "liquidity backstop to U.S. issuers of commercial
paper." CPFF started in October 2008 and ran to Feb 2010. 
- Link to Fed board of govs': 
https://www.federalreserve.gov/monetarypolicy/cpff.htm

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