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Municipal Liquidity Facility

Metadata Updated: December 18, 2024

In response to the COVID-19 crisis, the Board's emergency lending facilities have provided a critical backstop. The Board launched a centralized 13(3) Lending Facilities Data Repository on November 6, 2020 to bring together the emergency lending facilities data from different systems and databases. The Federal Reserve established the Municipal Liquidity Facility to help state and local governments better manage cash flow pressures in order to continue to serve households and businesses in their communities. The facility will purchase up to $500 billion of short term notes directly from U.S. states (including the District of Columbia), U.S. counties with a population of at least 500,000 residents, and U.S. cities with a population of at least 250,000 residents. Eligible state-level issuers may use the proceeds to support additional counties and cities. In addition to the actions described above, the Federal Reserve will continue to closely monitor conditions in the primary and secondary markets for municipal securities and will evaluate whether additional measures are needed to support the flow of credit and liquidity to state and local governments. The Municipal Liquidity Facility ceased purchasing eligible notes on December 31, 2020.

Access & Use Information

Public: This dataset is intended for public access and use. License: No license information was provided. If this work was prepared by an officer or employee of the United States government as part of that person's official duties it is considered a U.S. Government Work.

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Dates

Metadata Created Date December 18, 2024
Metadata Updated Date December 18, 2024

Metadata Source

Harvested from Federal Reserve

Additional Metadata

Resource Type Dataset
Metadata Created Date December 18, 2024
Metadata Updated Date December 18, 2024
Publisher Board of Governors of the Federal Reserve System
Maintainer
Identifier FRBCNA08
Data Last Modified 2024-01-11
Public Access Level public
Bureau Code 920:00
Schema Version https://project-open-data.cio.gov/v1.1/schema
Harvest Object Id 520b81bf-6a23-4d8b-b3bb-52d51ed47b71
Harvest Source Id ed4f9073-f069-4049-8ee0-17ff5c98cd46
Harvest Source Title Federal Reserve
Homepage URL https://www.federalreserve.gov/monetarypolicy/muni.htm
Program Code 920:000
Source Datajson Identifier True
Source Hash 868d72d428c8ebec3b9bacea8d911d22f099401e1ba0005a85b1f37d0e63f708
Source Schema Version 1.1

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