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NY Fed selects additional counterparties for commercial paper and corporate credit facilities

People walk wearing masks outside The Federal Reserve Bank of New York in New York

(Reuters) – The Federal Reserve Bank of New York announced on Friday that it selected additional counterparties to support the commercial paper funding facility and the secondary market corporate credit facility as needed.

Read more on the New York Fed’s website https://www.newyorkfed.org/newsevents/news/markets/2020/20201023.

(Reporting by Jonnelle Marte)

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