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Term Securities Lending Facility
The Term Securities Lending Facility (TSLF) is a weekly loan facility that promotes liquidity in Treasury and other collateral markets and thus fosters the functioning of financial markets more generally. The program offers Treasury securities held by the System Open Market Account (SOMA) for loan over a one-month term against other program-eligible general collateral. Securities loans are awarded to primary dealers based on a competitive single-price auction.
- Terms and conditions
- Frequently asked questions
- Employ American Workers Act, frequently asked questions (60 KB PDF)
- Press release, December 2, 2008
- Press release, February 3, 2009
Last update:
March 31, 2009