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H41: Change to the H.4.1 to reflect the Municipal Liquidity Facility LLC

By FEDERAL RESERVE - Dec 02, 2022, 01:06 PM ET
Last Updated - Feb 09, 2023, 12:32 AM EST
H41: Change to the H.4.1 to reflect the Municipal Liquidity Facility LLC
The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," has been modified to include information related to Municipal Liquidity Facility (MLF). This facility operates through the Municipal Liquidity Facility LLC (MLF LLC), a special purpose vehicle that was formed to help support state and local governments better manage cash flow pressures in order to continue to serve households and business in their communities.
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On April 9, 2020, the Federal Reserve announced the MLF. On May 26, 2020, the Federal Reserve Bank of New York (FRBNY) received Treasury's equity contribution for the MLF program.
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