Category: Municipal bonds

Fed Expands Muni-Debt Program

May 1, 2020 - COVID-19 by

On Monday, April 27, the Federal Reserve (Fed) announced an expansion to the Municipal Liquidity Facility (MLF), a $500 billion emergency lending program for state and local governments enduring the economic fallout from the coronavirus pandemic. The new expansion also lowered by 50 percent the population threshold criteria needed to […]