Federal Reserve's Commercial Paper Funding Facility

Federal Reserve's Commercial Paper Funding Facility PDF Author: Tobias Adrian
Publisher: DIANE Publishing
ISBN: 1437929303
Category : Business & Economics
Languages : en
Pages : 38

Get Book Here

Book Description
The Federal Reserve (FR) created the Commercial Paper Funding Facility (CPFF) in the midst of severe disruptions in money markets following the bankruptcy of Lehman Bros. on Sept. 15, 2008. The CPFF finances the purchase of highly rated unsecured and asset-backed commercial paper from eligible issuers via primary dealers. The facility is a liquidity backstop to U.S. issuers of commercial paper, and its creation was part of a range of policy actions undertaken by the FR to provide liquidity to the financial system. This report documents aspects of the financial crisis relevant to the creation of the CPFF, reviews the operation of the CPFF, discusses use of the facility, and draws conclusions for lender-of-last-resort facilities. Charts and tables.

Federal Reserve's Commercial Paper Funding Facility

Federal Reserve's Commercial Paper Funding Facility PDF Author: Tobias Adrian
Publisher: DIANE Publishing
ISBN: 1437929303
Category : Business & Economics
Languages : en
Pages : 38

Get Book Here

Book Description
The Federal Reserve (FR) created the Commercial Paper Funding Facility (CPFF) in the midst of severe disruptions in money markets following the bankruptcy of Lehman Bros. on Sept. 15, 2008. The CPFF finances the purchase of highly rated unsecured and asset-backed commercial paper from eligible issuers via primary dealers. The facility is a liquidity backstop to U.S. issuers of commercial paper, and its creation was part of a range of policy actions undertaken by the FR to provide liquidity to the financial system. This report documents aspects of the financial crisis relevant to the creation of the CPFF, reviews the operation of the CPFF, discusses use of the facility, and draws conclusions for lender-of-last-resort facilities. Charts and tables.

The Federal Reserve Act (approved December 23, 1913) as Amended

The Federal Reserve Act (approved December 23, 1913) as Amended PDF Author: United States
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 114

Get Book Here

Book Description


The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions PDF Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0

Get Book Here

Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Changing Nature of Financial Intermediation and the Financial Crisis of 2007-09

Changing Nature of Financial Intermediation and the Financial Crisis of 2007-09 PDF Author: Tobias Adrian
Publisher: DIANE Publishing
ISBN: 1437930905
Category : Business & Economics
Languages : en
Pages : 35

Get Book Here

Book Description
This is a print on demand edition of a hard to find publication. The financial crisis of 2007-09 highlighted the changing role of financial institutions and the growing importance of the ¿shadow banking system,¿ which grew out of the securitization of assets and the integration of banking with capital market developments. In a market-based financial system, banking and capital market developments are inseparable, and funding conditions are tied closely to fluctuations in the leverage of market-based financial intermediaries. This report describes the changing nature of financial intermediation in the market-based financial system, charts the course of the recent financial crisis, and outlines the policy responses that have been implemented by the Fed. Reserve and other central banks. Charts and tables.

Cross Section of Money Market Fund Risks and Financial Crises

Cross Section of Money Market Fund Risks and Financial Crises PDF Author:
Publisher: DIANE Publishing
ISBN: 1437940013
Category :
Languages : en
Pages : 63

Get Book Here

Book Description


Firefighting

Firefighting PDF Author: Ben S. Bernanke
Publisher: Penguin
ISBN: 0143134485
Category : Business & Economics
Languages : en
Pages : 242

Get Book Here

Book Description
"Should be required reading for all policy makers.” —Warren Buffett From the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big-picture synthesis--from why it happened to where we are now. In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis ten years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises. Firefighting provides a candid and powerful account of the choices they and their teams made during the crisis, working under two presidents and with the leaders of Congress.

Financial Stability Monitoring

Financial Stability Monitoring PDF Author: Tobias Adrian
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
In a recently released New York Fed staff report, we present a forward-looking monitoring program to identify and track time-varying sources of systemic risk.

The Federal Reserve's Balance Sheet

The Federal Reserve's Balance Sheet PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description


Covered Bonds Handbook

Covered Bonds Handbook PDF Author: Anna T. Pinedo
Publisher:
ISBN: 9781402412943
Category : Asset-backed financing
Languages : en
Pages : 0

Get Book Here

Book Description
Covered Bond Handbook is the first comprehensive guide to these time-tested financing alternatives, helping you to take full advantage of these debt instruments.

Crisis and Response

Crisis and Response PDF Author: Federal Deposit Insurance Corporation
Publisher:
ISBN: 9780966180817
Category :
Languages : en
Pages :

Get Book Here

Book Description
Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.