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发帖数: 3199 | 1 https://www.federalreserve.gov/newsevents/testimony/powell20200922a.htm
Our actions, taken together, have helped unlock more than $1 trillion of
funding, which, in turn, has helped keep organizations from shuttering,
putting them in a better position to keep workers on and to hire them back
as the economy continues to recover.
Nearly 600 banks, representing well more than half of the assets in the
banking system, have either completed registration or are in the process of
doing so. About 230 loans totaling roughly $2 billion are either funded or
in the pipeline.
As of September 18, the Municipal Liquidity facility had purchased two
issues for a total outstanding amount of $1.7 billion. The MLF has
contributed to a strong recovery in municipal securities markets, which has
facilitated a historic issuance of more than $250 billion of bonds since
late March.
Under the MLF, the Federal Reserve Bank of New York lends to a special
purpose vehicle (SPV) that will directly purchase up to $500 billion of
short-term notes issued by a range of eligible state and local government
entities.
With funding from the CARES Act (Coronavirus Aid, Relief and Economic
Security Act), the Department of the Treasury has committed to make a $35
billion equity investment in the SPV.
Available loan sizes span from $250,000 to $300 million across the
facilities and depend on the size and financial health of the borrower. With
funding from the CARES Act, the Department of the Treasury has committed to
make a $75 billion equity investment in the SPV.
The Federal Reserve began direct corporate bond purchases under the broad
market index purchase program on June 16. In its first week of bond
purchases, the SMCCF was purchasing about $370 million per day. As of
September 18, purchases have been slowed to a current daily pace of
approximately $20 million of bonds and no ETFs, and the total SMCCF
outstanding value has reached $12.8 billion. Since late March, more than $
800 billion in corporate bonds have been issued without direct government or
taxpayer involvement.
With funding from the CARES Act, the Department of the Treasury has
committed to make a $75 billion equity investment in the SPV for the PMCCF
and SMCCF, with a $50 billion allocation toward the PMCCF.With funding from
the CARES Act, Treasury has committed to make a $10 billion equity
investment in the SPV.As of September 18, the TALF has extended $2.9 billion
in loans since its launch on May 20.While the facility is authorized to
extend up to $100 billion in loans, total take-up will likely be much less
unless ABS market conditions worsen. | b**e
发帖数: 3199 | | s********i
发帖数: 17328 | 3 所什么梦呢，水管早就关上了。。。现在又偷偷放点水。。。 |
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