HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Economy » Supplementary Financing Program

Supplementary Financing Program

Definition
SFP. Program enacted by the Treasury Department to provide supplementary funding to the Federal Reserve to offset the financial strain due to the creation of various liquidity programs and facilities during the financial crisis of 2008. The funds are acquired through the auction of treasury bills and are placed into an account that the Federal Reserve may use for various initiatives. The auction is regulated under standard Treasury auction rules and standards.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.