Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Chicago
Chicago Fed Letter
Rescuing asset-backed securities markets
Sumit Agarwal
Crystal Cun
Mariacristina De Nardi
Abstract

On November 25, 2008, the Federal Reserve unveiled a loan facility to revive the market for asset-backed securities, which had essentially stopped functioning due to the global financial crisis. What are these securities and why is it important for these markets to continue to operate?


Download Full text
Cite this item
Sumit Agarwal & Crystal Cun & Mariacristina De Nardi, "Rescuing asset-backed securities markets" , Federal Reserve Bank of Chicago, Chicago Fed Letter, issue Jan, 2010.
More from this series
JEL Classification:
Subject headings:
Keywords: Asset-backed financing
For corrections, contact Bernie Flores ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal