New York Fed Revises TALF Master Loan and Security Agreement
January 15, 2010
The following summarizes the changes made to the MLSA from the November 30, 2009 posting:
Provides that all releases of Collateral shall be settled on a “delivery versus payment” basis.
Removal of definition of “TALF Loan Payment Date Change Date” and revision of definition of “Payment Date” following the effectiveness notification announced on November 30, 2009 regarding the extension of Payment Dates.