Primary Dealer Credit Facility

The Federal Reserve Board established a Primary Dealer Credit Facility (PDCF) on March 17, 2020, to support the credit needs of American households and businesses. The facility allowed primary dealers to support smooth market functioning and facilitate the availability of credit to businesses and households. The PDCF ceased extending credit on March 31, 2021.

Reports to Congress


2020 Reports

Related Press Releases

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Last Update: June 11, 2021