Fed Expands Municipal Liquidity Facility, Provides Details
04/29/2020
On Monday, April 27, the Federal Reserve announced adjustments to its $500 billion Municipal Liquidity Facility (MLF), highlighted by city and county eligibility expansions. Some additional elements about the process and requirements were also provided. Other basics are still missing and are going to be provided at a later time, according to the Federal Reserve and Federal Reserve Bank of New York.
