Your English writing platform
Discover LudwigExact(23)
And EDF will provide Constellation with a $600 million "interim backstop liquidity facility," they said.
Special clauses on access to the "liquidity facility" (don't ask) apply on default.
Kaupthing boss tells FSA and Central Bank of Iceland that it will provide liquidity facility of £600m.
This liquidity facility, as it is known, was meant to ensure that the agencies could obtain funds in a crunch.
On October 29th the fund announced the creation of a new short-term liquidity facility for the soundest emerging markets.
Mr King promised bankers this week "to put in place a liquidity facility that works in all seasons".
Similar(37)
The Fed built on this principle with its new liquidity facilities.
But the central bank would like to scale back their use of its liquidity facilities.
That is now happening, and the liquidity facilities have begun to shrink (see chart).
Those liquidity facilities charge borrowers a penalty rate which makes them less attractive as private credit returns.
With their arsenal of newfangled liquidity facilities, the monetary authorities think they have the problem under control.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com