Primary Dealer Credit Facility
The Primary Dealer Credit Facility (PDCF) is an overnight loan facility that provides funding to primary dealers in exchange for a specified range of eligible collateral and is intended to foster the functioning of financial markets more generally.
Related Press Releases
- Federal Reserve announces extensions of and modifications to a number of its liquidity programs (June 25, 2009)
- Federal Reserve announces extension through October 30, 2009, of its existing liquidity programs that were scheduled to expire on April 30, 2009 (February 3, 2009)
- Federal Reserve announces the extension of three liquidity facilities through April 30, 2009 (December 2, 2008)
Last update:
June 25, 2009