Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility
The Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility is a lending facility that provides funding to U.S. depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper (ABCP) from money market mutual funds under certain conditions. The program is intended to assist money funds that hold such paper in meeting demands for redemptions by investors and to foster liquidity in the ABCP market and money markets more generally.
- Terms and conditions
- Frequently asked questions
- Employ American Workers Act, frequently asked questions (60 KB PDF)
- Press release, September 19, 2008
- Press release, December 2, 2008
- Press release, January 30, 2009
- Press release, February 3, 2009
Last update:
March 31, 2009