Certain commercial mortgaged-backed securities and collateralized loan obligations are now eligible.
On April 9, 2020, the Federal Reserve announced it is taking additional actions to support further credit flow to households and business by, among other actions, broadening the range of assets that are considered eligible collateral under the previously announced TALF program. Under the revised terms (see the Federal Reserve Term Sheet), the TALF program will provide additional liquidity for certain commercial mortgaged-backed securities (CMBS) and collateralized loan obligations (CLOs).
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