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Temporary Liquidity Guarantee Program information


The Temporary Liquidity Guarantee Program (TLGP) was a program administered by the Federal Deposit Insurance Corporation (FDIC) from 2008 to 2012 in the aftermath of the financial crisis of 2007–2008. The program sought to promote confidence in the US banking system by guaranteeing interbank loans and no-interest transaction accounts, such as checking accounts.[1] It was announced through an Interim Rule on October 14, 2008.

  1. ^ "FDIC Press Release". Fdic.gov. Retrieved 2011-12-08.

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Temporary Liquidity Guarantee Program

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The Temporary Liquidity Guarantee Program (TLGP) was a program administered by the Federal Deposit Insurance Corporation (FDIC) from 2008 to 2012 in the...

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Cerberus Capital Management

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Deposit Insurance Corporation (FDIC) gave GMAC access to the Temporary Liquidity Guarantee Program that allows companies to borrow money at lower interest...

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Federal Deposit Insurance Corporation

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after negotiations the FDIC instead announced a Temporary Liquidity Guarantee Program that guaranteed deposits and unsecured debt instruments used for...

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Federal Reserve

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York's primary dealers in exchange for other program-eligible collateral. It was intended to promote liquidity in the financing markets for Treasury and...

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CPFF

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This program was created at the same time that the Federal Deposit Insurance Corporation implemented the Temporary Liquidity Guarantee Program to increase...

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Money market fund

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impose a liquidity fee if a fund's weekly liquidity level falls below the required regulatory threshold, and/or to suspend redemptions temporarily, i.e....

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Commercial Paper Funding Facility

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This program was created at the same time that the Federal Deposit Insurance Corporation implemented the Temporary Liquidity Guarantee Program to increase...

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National Credit Union Administration

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unions. With a government-backed guarantee, the securities were sold to raise nearly $30 billion. A temporary share guarantee was established for deposits...

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2008 United Kingdom bank rescue package

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through the Capital Purchase Program and the FDIC guaranteed banks' debt through the Temporary Lending Guarantee Program. Paul Krugman, writing in his...

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Bank run

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fiscal costs and large output losses. Frequently, emergency liquidity support and blanket guarantees have been used to contain these crises, not always successfully...

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Monetary policy of the Philippines

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standing credit facility provided by the BSP to help banks meet temporary liquidity needs by refinancing the loans they extend to their clients." There...

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Great Florida Bank

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Counties. Great Florida Bank participates in the FDIC's Temporary Liquidity Guarantee Program which provides unlimited Federal Deposit Insurance Corporation...

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Credit risk

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Offsetting counterparty risk is not always possible, e.g. because of temporary liquidity issues or longer-term systemic reasons. Further, counterparty risk...

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Vern McKinley

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seeking documents on Citigroup, Bank of America and the Temporary Liquidity Guarantee Program was sent back to the agency to supplement its responses...

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Collapse of Silicon Valley Bank

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some Silicon Valley Bank clients started pulling money out to meet their liquidity needs. To raise cash to pay withdrawals by its depositors, SVB announced...

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Algorithmic trading

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Display size, Liquidity seeker, and Stealth. Modern algorithms are often optimally constructed via either static or dynamic programming . As of 2009,...

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Comprehensive Program for Socialist Economic Integration

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had characterized trade, particularly among the original members. The liquidity shortage in the early 1980s forced the European Comecon countries to work...

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European Central Bank

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liquidity to Greek commercial banks. In November 2010, reflecting the huge increase in borrowing, including the cover the cost of having guaranteed the...

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The Intervention of ECB in the Eurozone Crisis

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operation (LTRO) liquidity injections in December 2011 and February 2012, and the announcement of the outright monetary transactions (OMT) program in the summer...

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New Deal

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Deal, USA bank deposits were not "guaranteed" by government. When thousands of banks closed, depositors temporarily lost access to their money; most of...

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Discount window

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from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. The interest rate...

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Philippine Deposit Insurance Corporation

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stability in the rural banking system by immediately addressing temporary liquidity requirements of rural banks. Under this scheme, rural banks contributed...

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Modern monetary theory

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readily switch to the private sector when jobs become available. A job guarantee program could also be considered an automatic stabilizer to the economy, expanding...

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Unemployment

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alternative is a job guarantee in which the government guarantees work at a living wage. Temporary measures can include public works programs such as the Works...

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Bretton Woods system

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with the intent of providing liquidity for the international economy. Dollars flowed out through various U.S. aid programs: the Truman Doctrine entailing...

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2020 stock market crash

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Min-hyung, Lee (26 March 2020). "Bank of Korea to supply 'unlimited liquidity' via repo program". The Korea Times. Dongwha Enterprise. Retrieved 31 March 2020...

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