The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
New York Fed to Discuss TSLF Terms and Conditions with Primary Dealers
March 13, 2008
Today and tomorrow, staff of the Federal Reserve Bank of New York will meet individually with each primary dealer and continue to evaluate comments from other market participants regarding the terms and conditions of the Term Securities Lending Facility ("TSLF"). Specifically, among the topics we will discuss are general market conditions as related to the TSLF, collateral eligibility, and the potential schedule and sizes of auctions, the first of which is scheduled for Thursday, March 27. The Bank intends to provide additional information on the TSLF terms and conditions within the next week.