TERM OF THE DAY

Subscribe to 'Term of the day' and learn a new financial term every day of the week. Stay informed and make smart financial decisions.

Asset-Backed Commercial Paper Money Market Fund Liquidity Facility - AMLF

This is a lending program that helped US depository institutions finance high-quality Asset-Backed Commercial Paper purchases. The intention is to help banks meet their investors' demands for redemptions and boost liquidity in the money markets.
Read more