Federal Reserve emergency lending programs

E132399

The Federal Reserve emergency lending programs were a series of extraordinary facilities and interventions created by the U.S. central bank to stabilize financial markets and provide liquidity to banks and other institutions during the 2008 financial crisis.

All labels observed (9)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf Federal Reserve policy tool
emergency lending facility suite
financial crisis intervention
appliesTo asset-backed securities markets
banks
commercial paper issuers
foreign central banks
money market mutual funds
primary dealers
characteristic secured lending against collateral
use of nontraditional monetary policy tools
use of special purpose vehicles
component Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility
Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF)
Commercial Paper Funding Facility
Commercial Paper Funding Facility (CPFF)
Maiden Lane II LLC
Maiden Lane III LLC
Maiden Lane LLC
Maiden Lane facilities
Money Market Investor Funding Facility
Money Market Investor Funding Facility (MMIFF)
Primary Dealer Credit Facility
Primary Dealer Credit Facility (PDCF)
Term Asset-Backed Securities Loan Facility
Term Asset-Backed Securities Loan Facility (TALF)
Term Auction Facility
Term Auction Facility (TAF)
Term Securities Lending Facility
Term Securities Lending Facility (TSLF)
central bank liquidity swap lines
country United States
endTime phased out between 2009 and 2010
fundingSource Federal Reserve balance sheet expansion
impact helped prevent disorderly failures of major financial institutions
reduced funding pressures in short-term credit markets
legalBasis Section 13(3) of the Federal Reserve Act
monetaryPolicyContext zero lower bound environment
notableCase support for AIG via Maiden Lane II and Maiden Lane III
support for Bear Stearns via Maiden Lane LLC
operator Federal Reserve System
oversight Government Accountability Office
U.S. Congress
purpose provide liquidity to financial institutions
stabilize financial markets
support credit flows to households and businesses
relatedTo quantitative easing
significantEvent 2007–2008 financial crisis
startTime 2007
subjectOf Dodd–Frank Act disclosure requirements

How these facts were elicited

Referenced by (9)

Full triples — surface form annotated when it differs from this entity's canonical label.

2008 United States housing and financial crisis majorEvent Federal Reserve emergency lending programs
Bear Stearns bailedOutBy Federal Reserve (through financing of JPMorgan deal)
linked to: Federal Reserve emergency lending programs
Great Recession recovery hasKeyPolicy Federal Reserve quantitative easing programs
linked to: Federal Reserve emergency lending programs
Federal Reserve emergency lending programs component Term Auction Facility
linked to: Federal Reserve emergency lending programs
Federal Reserve emergency lending programs component Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility
linked to: Federal Reserve emergency lending programs
Federal Reserve emergency lending programs component Term Securities Lending Facility (TSLF)
linked to: Federal Reserve emergency lending programs
Federal Reserve emergency lending programs component Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF)
linked to: Federal Reserve emergency lending programs
Federal Reserve emergency lending programs component Term Asset-Backed Securities Loan Facility (TALF)
linked to: Federal Reserve emergency lending programs
Capital Purchase Program relatedTo Systemically Significant Failing Institutions Program
linked to: Federal Reserve emergency lending programs