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Term Auction FacilityTAF was created by the Federal Reserve in December 2007 as bank funding markets got strained during the 2007 financial crisis. Access to 28 and 84 day funding were given to deposit-taking institutions [..]
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Term Auction FacilityDefinition TAF. A temporary program managed by the Federal Reserve. The program was created in December 2007, in order to help the mortgage market which was experiencing problems due to the subprime m [..]
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Term Auction FacilityProgram in which the Federal Reserve made funds available to all depository institutions at once through a regular auction.
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Term Auction FacilityTAF was created by the Federal Reserve in December 2007 as bank funding markets got strained during the 2007 financial crisis. Access to 28 and 84 day funding were given to deposit-taking institutions [..]
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