Additional corporate credit facilities under the CARES Act for corporate debt and corporate bonds issued by eligible issuers.
Treasury will provide $75 billion in equity to the PMCCF and SMCCF.
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4/24/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Corporate Bonds ,
Debt Instruments ,
Federal Reserve ,
FRBNY ,
Primary Market Corporate Credit Facility (PMCCF) ,
Relief Measures ,
Secondary Market Corporate Credit Facility (SMCCF) ,
SPVs ,
U.S. Treasury