Fed May Start To Buy Commercial Paper At Subsidized Rates
Posted on October 15, 2008 at 23:55 PM EDT
The Federal Reserve may be willing to purchase companies short term commercial paper at rates that are lower and henceforth, more attractive to the company. Typically, money market mutual funds, demand a rate of return on their cash. The Federal Government is willing to do it for less according to Bloomberg. Oct. [...]
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