With “substantial strains in many financial markets” continuing, Federal Reserve liquidity programs that were scheduled to expire on April 30 have been extended through Oct. 30, the Fed announced yesterday.

Extended were the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, the Commercial Paper Funding Facility, the Money Market Investor Funding Facility, the Primary Dealer Credit Facility, and the Term Securities Lending Facility.

“In addition, to address continued pressures in global U.S. dollar funding markets, the temporary reciprocal currency arrangements (swap lines) between the Federal Reserve and other central banks have been extended to Oct. 30,” the Fed said.

The Term Asset-Backed Securities Loan Facility is scheduled to expire at the end of the year, while other facilities, such as the Term-Auction Facility, do not have a fixed expiration date.

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