Editing Federal Reserve (section)

==== Term securities lending facility ====
The Term securities Lending Facility was a 28-day facility that offered Treasury general collateral to the Federal Reserve Bank of New York's primary dealers in exchange for other program-eligible collateral. It was intended to promote liquidity in the financing markets for Treasury and other collateral and thus to foster the functioning of financial markets more generally.<ref name="tslffaq">{{Cite web |title=Term Securities Lending Facility: Frequently Asked Questions |url=http://www.newyorkfed.org/markets/tslf_faq.html |access-date=December 6, 2014 |publisher=Newyorkfed.org}}</ref> Like the Term auction Facility, the TSLF was done in conjunction with the [[Bank of Canada]], the [[Bank of England]], the [[European Central Bank]], and the [[Swiss National Bank]]. The resource allowed dealers to switch debt that was less liquid for U.S. government securities that were easily tradable. The currency swap lines with the [[European Central Bank]] and [[Swiss National Bank]] were increased. The TSLF was closed on February 1, 2010.<ref>{{cite web |title=Federal Reserve Board – Term Securities Lending Facility |url=https://www.federalreserve.gov/monetarypolicy/tslf.htm |website=Board of Governors of the Federal Reserve System |access-date=August 11, 2023 |language=en}}</ref>