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What is the purpose of the CPFF?

April 26, 2017cpff purpose

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Posted

What is the purpose of the CPFF?

1 Answer

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Posted

The purpose of the CPFF is to enhance the liquidity of the commercial paper market by increasing the availability of term commercial paper funding to issuers and by providing greater assurance to both issuers and investors that firms will be able to roll over their maturing commercial paper. These steps should contribute to an overall improvement of conditions in credit markets.