CDFA // BNY Mellon Development Finance Webcast Series: Understanding The Municipal Liquidity Facility

In an attempt to stabilize the markets due to coronavirus-induced fluctuations, the Federal Reserve launched the Municipal Liquidity Facility (MLF) in May. The MLF was conceived as a short-term borrowing option for issuers suffering from the financial impacts of the crisis. However, the MLF hasn't seen widespread usage thus far, despite a recent change in pricing by the Fed. During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, finance experts discussed the Municipal Liquidity Facility's requirements, market trends since the MLF's launch, and what can be done to make the MLF an attractive option for issuers.

To view presentation (without audio) click here.

Speakers:

Jonathan W. Glover, Moderator
Vice President, Relationship Manager
The Bank of New York Mellon - Corporate Trust

Michael Decker
Senior Vice President of Policy and Research
Bond Dealers of America

Brian Battle
Director
Performance Trust Companies