Steven Kelly on the Challenges of Treasury Equity Funding for 13(3) Facilities
Macro Musings with David Beckworth
Exploring Liquidity and Credit Facilities During Financial Crises
This chapter explores the distinctions between liquidity and credit facilities during the 2020 crisis, drawing parallels with the 2008 crisis. It analyzes the impact of federal programs on funding disparities, particularly concerning municipal securities versus corporate bonds.
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