Ben Bernanke and the Fed continue to flail desperately. The Fed has now put in place three new and different programs in an attempt to inject liquidity in to the financial system.
Below is everything you ever wanted to know about all of them:
Primary Dealers Credit Facility (PDCF): “The Federal Reserve has announced that the Federal Reserve Bank of New York has been granted the authority to establish a Primary Dealer Credit Facility (PDCF). This facility is intended to improve the ability of primary dealers to provide financing to participants in securitization markets and promote the orderly functioning of financial markets more generally.
The PDCF will provide overnight funding to primary dealers in exchange for a specified range of collateral, including all collateral eligible for tri-party repurchase agreements arranged by the Federal Reserve Bank of New York, as well as all investment-grade corporate securities, municipal securities, mortgage-backed securities and asset-backed securities for which a price is available.
The PDCF will remain in operation for a minimum period of six months and may be extended as conditions warrant to foster the functioning of financial markets.”
PDCF FAQ
Term Securities Lending Facility (TSLF): “In addition to the daily Securities Lending program, the Bank will provide Treasury general collateral financing though a weekly Term Securities Lending Facility (TSLF) to promote liquidity in Treasury and other collateral markets and thus foster the functioning of financial markets more generally. The program offers Treasury securities held by the System Open Market Account (SOMA) for loan over a one-month term against other program-eligible general collateral. Securities loans are awarded to primary dealers based on a competitive single-price auction held on Thursdays at 2:00 pm eastern standard time.”
TSLF FAQ
Term Auction Facility (TAF): “Under the term auction facility (TAF), the Federal Reserve will auction term funds to depository institutions. All depository institutions that are eligible to borrow under the primary credit program will be eligible to participate in TAF auctions. All advances must be fully collateralized. Each TAF auction will be for a fixed amount, with the rate determined by the auction process (subject to a minimum bid rate). Bids will be submitted by phone through local Reserve Banks.”
TAF FAQ
Posts
11/22/2024 Intra-day Update
2 hours ago
8 comments:
what's your opinion on the fed cut?
I see the recent real estate drop as a buying opportunity... I mean, I don't have much equity, but the market can only go up right?
Don't count on it.
You will just get your feelings hurt.
Your vuitton bags
will achieve your personality a actualization icon. The beat times acquire brought abounding of the beat vuitton handbag
and a allotment of them the vuitton handbags
bogus are brash to be at the top.
Examine the soles of your shoes. Note where UGG Mini wear has occurred. Most people seem to be amazed that their shoes wear at the rear outer corner. Most UGG Mini boots rearfoot strikers will wear at this part of the shoe. The reason for this, which someday, somewhere a funded study will prove, is that for most heel strikers it is the point Mini ugg boots of first contact of the shoe with the ground. Most people walk and run with their feet slightly rotated from center. Runners, however, also have what is called a narrow base Mini uggs of gait. A narrow base of gait means that the feet contact close to the midline of your body. This creates additional varus (tilting in) of the limb. This results, for the rearfoot striker, in the first point hitting the ground being the outer corner of your shoe. Forefoot wear ugg 5854 may point to an individual who is a sprinter, runs fast, contacts the ground with the forefoot first or all of the above. Uneven forefoot wear may show where one metatarsal is plantarflexed relative to the others or where one metatarsal may be longer than the others. In the presence of significant forefoot wear, you are at risk of stress fractures.
The dude is completely just, and there is no suspicion.
Oh my god, there's a lot of useful information in this post!
https://felinelyf.com/best-cat-water-fountains/
Post a Comment