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Board of Governors of the Federal Reserve System
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Board of Governors of the Federal Reserve System

Money Market Investor Funding Facility

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The Money Market Investor Funding Facility (MMIFF) was designed to provide liquidity to U.S. money market investors. Under the MMIFF, the Federal Reserve Bank of New York could provide senior secured funding to a series of special purpose vehicles to facilitate an industry-supported private-sector initiative to finance the purchase of eligible assets from eligible investors. The MMIFF was announced on October 21, 2008, and expired on October 30, 2009.

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Last update: February 5, 2010