Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter
Troutman Sanders
AUGUST 17, 2020
The revised pricing reduces the interest rate spread on tax-exempt notes for each credit rating category by 50 basis points, and reduces the amount by which the interest rate for taxable notes is adjusted relative to tax-exempt notes. The revised pricing will ensure the MLF continues to provide an effective backstop to assist U.S.
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