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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 to help them continue to …

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. In summers, while the body …

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” was given to this unknown …

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 these securities consisted of automobile …

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 governments, and multi-state entities. In …

The benefits explained No monthly fees on savings account: Although the savings account has a minimum opening deposit requirement, there are no monthly fees or minimum balance requirements once the account is opened. Competitive rates on savings and CDs: Popular Direct offers competitive rates on savings accounts and CDs. Disadvantages Explained No credit card access to savings: Popular Direct does …

What is Footsie Footsie is slang for the Financial Times-Stock Exchange 100 Share Index (FTSE 100). BREAK Footsie The Footsie is an index that tracks the 100 largest public companies in market capitalization which are traded on the London Stock Exchange (LSE). The FTSE 100 represents more than 80% of the market capitalization of the LSE. FTSE is an acronym …

What is cost per click (CPC)? Cost per click (CPC) is an online advertising revenue model that websites use to charge advertisers based on the number of times visitors click on a display ad attached to their sites. The main alternative is the cost per thousand (CPM), which charges for 1,000 ad impressions (or views) of the display ad, whether …

Niacinamide is a form of vitamin B3. Topical niacinamide helps to treat skin conditions like eczema and acne. It is extremely helpful for severe acne cure and to boost the skin cell turnover. Basically, niacinamide face serums help to build keratin that protect the skin from the external damage and environmental stresses. There are several benefits of niacinamide for skin, …