UPDATE 2-Fed launches commercial paper liquidity backstop Tuesday
A funding backstop the U.S. Federal
Reserve launched on Tuesday aims to help address liquidity
problems that have lingered in the coronavirus-roiled commercial
paper market, but some analysts say the high borrowing costs may
limit participation.
Reserve launched on Tuesday aims to help address liquidity
problems that have lingered in the coronavirus-roiled commercial
paper market, but some analysts say the high borrowing costs may
limit participation.
Posted by Reuters
