For the Primary Dealer Credit Facility established in 2020, please see here
The Primary Dealer Credit Facility (PDCF) was created in March 2008 as an overnight loan facility that provided funding to primary dealers in exchange for a specified range of eligible collateral. The PDCF was intended to foster the functioning of financial markets more generally. The facility expired on February 1, 2010.
The PDCF commenced on March 17, 2008 and expired on February 1, 2010.