Federal Reserve publishes updates to the term sheet for the Municipal Liquidity Facility

Federal Reserve publishes updates to the term sheet for the Municipal Liquidity Facility

Washington, DC (STL.News) The Federal Reserve Board on Monday published updates to the term sheet for the Municipal Liquidity Facility (MLF) to provide pricing and other information.

The MLF, which was established under Section 13(3) of the Federal Reserve Act, with approval of the Treasury Secretary, will offer up to $500 billion in lending to states and municipalities to help manage cash flow stresses caused by the coronavirus pandemic.

CLICK to VIEW SOURCE

About Marty Smith 10908 Articles
Marty Smith is the Editor in Chief and a founder of STL.News, DirectSourceNews.org, and St. Louis Restaurant Review. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe. Additionally, Smith is responsible for building a network of aggregator sites to manage the content involving thousands of sources.