Term Asset-Backed Securities Loan Facility

GPTKB entity

Statements (30)
Predicate Object
gptkbp:instanceOf financial program
gptkbp:abbreviation TALF
gptkbp:administeredBy gptkb:Federal_Reserve
gptkbp:announced 2008-11-25
gptkbp:createdBy gptkb:Federal_Reserve
gptkbp:eligibleCollateral small business loans
auto loans
student loans
equipment loans
credit card loans
floorplan loans
servicing advance receivables
gptkbp:endDate 2010-06-30
2020-12-31
gptkbp:fundedBy gptkb:Federal_Reserve_Bank_of_New_York
https://www.w3.org/2000/01/rdf-schema#label Term Asset-Backed Securities Loan Facility
gptkbp:initialSize up to $200 billion
gptkbp:launchedInResponseTo gptkb:2007–2008_financial_crisis
gptkbp:loansBackedBy asset-backed securities
gptkbp:maximumLoanAmount up to 5 years
gptkbp:provides non-recourse loans
gptkbp:purpose to increase credit availability and support economic activity by facilitating the issuance of asset-backed securities
gptkbp:reopened 2020
gptkbp:reopenedInResponseTo gptkb:COVID-19_pandemic
gptkbp:supportedBy gptkb:U.S._Department_of_the_Treasury
gptkbp:website https://www.newyorkfed.org/markets/talf.html
gptkbp:bfsParent gptkb:Troubled_Asset_Relief_Program
gptkb:TARP_program
gptkb:TARP
gptkbp:bfsLayer 7