What does CPFF mean in Canadian?
This page is about the meanings of the acronym/abbreviation/shorthand CPFF in the Regional field in general and in the Canadian terminology in particular.
Canadian Pulmonary Fibrosis Foundation
Submitted by S4Bot on July 23, 2017
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Definition
What does CPFF mean?
- CPFF
- Commercial Paper Funding Facility (CPFF) was a system created by the United States Federal Reserve Board during the Global financial crisis of 2008 to improve liquidity in the short-term funding markets. The CPFF was created on 27 October 2008 and funded a special purpose vehicle (SPV) that purchased three-month unsecured and asset-backed commercial paper (CP) from eligible issuers. This resulted in greater availability of credit for firms doing business. It worked under the aegis of the Federal Reserve Bank of New York where the NY Fed finances the purchase of highly rated unsecured and asset-backed commercial paper from eligible issuers via eligible primary dealers. The facility expired February 1, 2010. The final CP purchased matured on April 26, 2010. All CP notes purchased were repaid in full.
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"CPFF." Abbreviations.com. STANDS4 LLC, 2024. Web. 21 Sep. 2024. <https://www.abbreviations.com/term/1913808>.
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