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What is Commercial Paper Funding Facility mean?
Commercial Paper Funding Facility (CPFF) was a system created by the United States Federal Reserve Board during the financial crisis of 2007–08 to improve liquidity in the short-term funding markets. It was reauthorized in March 2020 in reaction to the financial impact of the COVID-19 pandemic, including the 2020 stock market crash. The CPFF ceased purchasing commercial paper on March 31, 2021.
referencePosted on 24 Dec 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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