The Secondary Market Corporate Credit Facility (SMCCF) was a special purpose vehicle (SPV) launched by the Federal Reserve on March 23, 2020, to support the corporate bond market in the face of the COVID-19 crisis. The SMCCF bought us investment grade corporate bonds and Bond ETFs in the secondary market. The idea was that banks…
TIAA Bank Review 2022 – The benefits explained A debit card with additional protections – The TIAA Bank debit card comes with some features typically found with credit cards: extended warranty protection for up to one year, price protection for up to 60 days after purchase, and return within 90 days of purchase. A current…
The benefits explained Competitive interest rates – Savers looking for a high interest rate on their savings account and certificates of deposit (CD) will find them with Barclays. No monthly fees or minimum opening deposit requirements – Barclays does not require a minimum deposit when opening a new savings account or CD. There are also…
Homemade Summer Face Packs Summers bring sun tanning, skin darkening and excess oil secretion. In summers, oily skin suffers a lot as the dust and pollution with greasy skin gives skin problems. In summers, skin also looses its fair complexion and gets dark looking. With high temperature and sun rays, skin gets damaged and premature…
The Primary Market Corporate Credit Facility (PMCCF) was a special purpose vehicle (SPV) created on March 23, 2020 by the Federal Reserve designed to maintain credit flow to large employers in the face of the COVID-19 crisis. The Fed lent money to the SPV, which made loans to investment grade companies and bought corporate bonds…
Best women’s deodorants in Indian market: Deodorant is that one product which is must have for feeling fresh. Most of the women won’t think of skipping a deo. Using deodorant is a part for your grooming and is as important for women. No one of us would like to smell bad especially during the summers….
Who is Spoofy? Spoofy is a mysterious trader allegedly involved in manipulating cryptocurrency exchanges. Spoofy is named after identity thefta strategy considered illegal in stock exchanges. Key points to remember Spoofy is the name given to an unknown trader who, in 2017, was suspected of manipulating prices on the Bitfinex trading platform. The name “Spoofy”…
What is the Term Asset-Backed Securities Lending Facility (TALF)? The Term Asset-Backed Securities Lending Facility (TALF) was a program created by the US Federal Reserve in November 2008 to stimulate consumer spending to help revive the economy. He did this by making loans to banks using asset-backed securities (ABS) as a guarantee. The collateral for…
The Municipal Liquidity Facility (MLF) was a Federal Reserve (Fed) to buy up to $500 billion in debt from state and local governments that have suffered reduced revenues as a result of the COVID-19 pandemic. Under this program, the Fed purchased short-term securities municipal notes states and the District of Columbia, certain city and county…