Money Market Investor Funding Facility

Money Market Investor Funding Facility – The Federal Reserve Bank established the money market investor fund facility in the year 2008. It was created so offer approximately $540 billion in possible financing aid to the money market mutual fund industry. Under this program the Federal Reserve increased the liquidity and possibly the cash available to the investors in such a market. They did this through secured funding options in various channels for purchase of assets by qualified investors. Those investors eligible would include the ones who purchased US money market mutual funds. These assets have a maturity date of approximately 90 days.