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BIBLIOGRAPHY

Federal Reserve announces Term Securities Lending Facility (Press Release, March 11, 2008)

Board of Governors of the Federal Reserve System

Claims Supported by This Source

  1. On March 11, 2008, the Fed announced the Term Securities Lending Facility (TSLF) to expand its securities lending program. It would lend up to $200 billion of Treasury securities to primary dealers for a term of 28 days (the previous facility was overnight).
  2. Collateral included other securities, such as agency debt, agency mortgage-backed securities (MBS), and AAA-rated private-label residential mortgage-backed securities.

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