{"id":9476,"date":"2008-12-23T00:00:00","date_gmt":"2008-12-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-can-now-borrow-from-fed","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/hedge-funds-can-now-borrow-from-fed.html","title":{"rendered":"Hedge funds can now borrow from Fed"},"content":{"rendered":"<p>FierceFinance &#8211; The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables.&nbsp;<\/p>\n<p>The Fed announced it will &quot;offer low-cost three-year funding to any U.S. company investing in securitized consumer loans under the Term Asset-backed Securities Loan Facility (TALF),&quot; reports the <em>Financial Times<\/em>.&nbsp;<\/p>\n<p>&quot;This includes hedge funds, which have never been able to borrow from the U.S. central bank before.&quot; The TALF will likely be expanded to cover mortgage-backed securities next year. We&#8217;ll have to see if this really adds liquidity to the secondary markets.<a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.fiercefinance.com\/story\/hedge-funds-can-now-borrow-fed\/2008-12-21\"><\/a><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.fiercefinance.com\/story\/hedge-funds-can-now-borrow-fed\/2008-12-21\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FierceFinance &#8211; The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables.&nbsp; The Fed announced it will &quot;offer low-cost three-year funding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4309,4314,4311,4412,4416,449,4312,4413,522,4415,4310,4414,4417],"class_list":["post-9476","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asset-backed-securities","tag-consumer-credit","tag-consumer-loans","tag-consumer-receivables","tag-financial-times","tag-liquidity","tag-loan-facility","tag-mortgage-backed-securities","tag-s-central","tag-secondary-markets","tag-securities-loan","tag-u-s-company","tag-wheels"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9476"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9476\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}