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Wednesday, 4 February 2015

All TAF credit must be fully Collateralized.

http://en.wikipedia.org/wiki/Federal_Reserve_System#cite_note-91

All TAF credit must be fully collateralized. Depositories may pledge the broad range of collateral that is accepted for other Federal Reserve lending programs to secure TAF credit. The same collateral values and margins applicable for other Federal Reserve lending programs will also apply for the TAF.

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