Research
A business requires the constant influx of funds so as to generate revenues and an entrepreneur realizes that if he has to provide a concrete shape to his dream enterprise, he must have the required monetary assets at his ready disposal. Two, the Fed will establish two facilities to assist credit to massive corporates — the Primary Market Company Credit Facility (PMCCF) for brand spanking new bond and loan issuance and the Secondary Market Corporate Credit score Facility (SMCCF) to offer liquidity for outstanding company bonds. The previous primarily implies direct loans to corporates (from the Fed’s balance-sheet) and the...
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