Primary Dealer Credit Facility
id:
primary-dealer-credit-facility-263-16906785
title:
Primary Dealer Credit Facility
text:
On March 17, 2008, in response to the subprime mortgage crisis and the collapse of Bear Stearns, the Federal Reserve announced the creation of a new lending facility, the Primary Dealer Credit Facility (PDCF). Eligible borrowers include all financial institutions listed as primary dealers, and the term of the loan is a repurchase agreement, or "repo" loan, whereby the broker dealer sells a security in exchange for funds through the Fed's discount window. The security in question acts as collater
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Primary_Dealer_Credit_Facility
date created:
date modified:
2022-01-16T17:43:36Z
main entity:
{"identifier":"Q7243067","url":"https://www.wikidata.org/entity/Q7243067"}
image:
fields total:
13
integrity:
13