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Commercial Paper Funding Facility |
| The Federal Reserve created the Commercial Paper Funding Facility (CPFF) to provide a liquidity backstop to U.S. issuers of commercial paper. The CPFF is intended to improve liquidity in short-term funding markets and thereby contribute to greater availability of credit for businesses and households. Under the CPFF, the Federal Reserve Bank of New York will finance the purchase of highly-rated unsecured and asset-backed commercial paper from eligible issuers via eligible primary dealers. |
| News and announcements |
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CPFF registration |
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New York Fed Releases Expanded CPFF FAQs |
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Board announces additional details regarding the Commercial Paper Funding Facility (CPFF) |
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Statement Regarding Asset Management Services in Support of CPFF |
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Board announces creation of the Commercial Paper Funding Facility (CPFF) to help provide liquidity to term funding markets |
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