Following the Federal Reserve Board's announcement establishing the Term Asset-Backed Securities Loan Facility (TALF), and the announcement of updated terms and conditions, the Federal Reserve Bank of New York has released an initial set of Frequently Asked Questions (FAQs) to address programmatic inquiries about the facility.
The TALF was established to increase credit availability and support economic activity by facilitating renewed issuance of asset-backed securities (ABS), thereby increasing the availability of credit to households and businesses.
These FAQs may be updated from time to time. Additional information about the TALF will be posted to the New York Fed’s webpage as it becomes available.
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For more information, see:
Contact for General Inquiries