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Reserve Bank Credit: Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (DISCONTINUED) (WABCMMF)

Source(s): Board of Governors of the Federal Reserve System (US)
Release: H.4.1 Factors Affecting Reserve Balances  

Description of growth rate formulas  
Not Seasonally Adjusted 
Notes: On September 19, 2008, the Federal Reserve announced a new lending facility to extend non-recourse loans to U.S. depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper from money market mutual funds.

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Updated: 2010-12-10 9:17 AM CST 

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