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Is senior unsecured debt issued under the FDICs Temporary Liquidity Guarantee Program (TLGP) eligible to pledge for discount window or payment system risk collateral purposes?

April 26, 2017FDIC guarantee issued liquidity program Senior Temporary tlgp unsecured debt

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Is senior unsecured debt issued under the FDICs Temporary Liquidity Guarantee Program (TLGP) eligible to pledge for discount window or payment system risk collateral purposes?

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Yes. Senior unsecured debt issued under the FDIC’s TLGP program may be pledged for discount window or payment system risk purposes.