Fed poised to purchase corporate bonds next week

New York Fed will create a portfolio to track the US corporate bond market under new plans

US Federal Reserve

The Federal Reserve will begin purchasing corporate bonds from the secondary market on June 23, it announced on June 15.

In the same statement, the central bank says it will be creating a portfolio of corporate bonds to track the $9.6 trillion secondary market for US corporate bonds – an expansion of the Fed’s initial plans. The move appears to be designed to limit any perception that some firms are being given preferential treatment by the purchases.

“The facility may purchase individual

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.