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How will the interest rates on TALF loans be determined? When will they be publicly available?

interest rates Loans talf
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How will the interest rates on TALF loans be determined? When will they be publicly available?

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The interest rate on TALF loans will be set with a view to providing borrowers an incentive to purchase newly issued eligible ABS at yield spreads higher than in more normal market conditions but lower than in the highly illiquid market conditions that have prevailed during the recent credit market turmoil. Interest rates will be announced in advance of each monthly loan subscription date.

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