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Money Market Investor Funding Facility
The Money Market Investor Funding Facility (MMIFF), authorized by the Board under Section 13(3) of the Federal Reserve Act, will support a private-sector initiative designed to provide liquidity to U.S. money market investors. Under the MMIFF, the New York Fed will provide senior secured funding to a series of special purpose vehicles to facilitate an industry-supported private-sector initiative to finance the purchase of eligible assets from eligible investors.
Related Press Releases
- Federal Reserve announces the creation of the Money Market Investor Funding Facility (MMIFF) (October 21, 2008)
- Federal Reserve announces changes to Money Market Investor Funding Facility (MMIFF) (January 7, 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)
Last update:
June 18, 2009
