Investors tap Fed for $1.3 billion to buy CMBS via TALF

12/15/2009 | Nasdaq.com

Investors requested $1.3 billion in loans from the Federal Reserve's Term Asset-Backed Securities Loan Facility in the latest round, data show. New commercial mortgage bonds were included in the last round of TALF, but no such bonds were included in the latest round. The Fed will announce whether it has accepted or rejected the loan requests next Tuesday.

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