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United States: Fed extends corporate credit facilities by 3 months

2020-11-30T20:01:56.279Z


The US central bank (Fed) announced on Monday to extend until March 31, 2021, corporate credit facilities put in place in March to cushion the economic consequences caused by the coronavirus pandemic. The powerful institution indicates that this decision received the approval of the Treasury, the equivalent of the French Ministry of Finance, which had nevertheless indicated last week that these e


The US central bank (Fed) announced on Monday to extend until March 31, 2021, corporate credit facilities put in place in March to cushion the economic consequences caused by the coronavirus pandemic.

The powerful institution indicates that this decision received the approval of the Treasury, the equivalent of the French Ministry of Finance, which had nevertheless indicated last week that these emergency programs were to end as planned on December 31 despite the protests of the Fed.

Source: lefigaro

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