Term auction facility
id:
term-auction-facility-324-3034970
title:
Term auction facility
text:
The Term Auction Facility (TAF) was a temporary program managed by the United States Federal Reserve designed to "address elevated pressures in short-term funding markets." Under the program the Fed auctions collateralized loans with terms of 28 and 84 days to depository institutions that are "in generally sound financial condition" and "are expected to remain so over the terms of TAF loans." Eligible collateral is the same as that accepted for discount window loans and includes a wide range of
brand slug:
wiki
category slug:
encyclopedia
description:
Temporary Program
original url:
https://en.wikipedia.org/wiki/Term_auction_facility
date created:
date modified:
2023-03-16T21:00:40Z
main entity:
{"identifier":"Q7702551","url":"https://www.wikidata.org/entity/Q7702551"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/f/ff/Microcosm_of_London_Plate_006_-_Auction_Room%2C_Christie%27s_%28colour%29.jpg","width":1776,"height":1334}
fields total:
13
integrity:
15