Are issuers required to register with the CPFF?
Yes, issuers must register with the CPFF in order to sell commercial paper to the SPV. The registration period began on Monday, October 20, 2008; registration materials, including wire instructions and a registration form, were made available on this date at http://www.newyorkfed.org/markets/cpff.html. The 10 basis point facility fee must be paid upon registration.
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- Are issuers required to register with the CPFF?