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If a bank or holding company wishes to apply for a higher guaranteed debt limit under the debt guarantee component of the Temporary Liquidity Guarantee Program, must it do so by December 5, 2008?

April 26, 2017Bank COMPANY debt december 5 guaranteed holding limit wishes

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If a bank or holding company wishes to apply for a higher guaranteed debt limit under the debt guarantee component of the Temporary Liquidity Guarantee Program, must it do so by December 5, 2008?

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No. Banks and holding companies that do not opt out may apply for a higher limit at any time before June 30, 2009.