Illinois to sell debt in first deal with Fed's muni liquidity facility
Illinois announced on Tuesday an agreement to tap a new Federal Reserve borrowing program, marking the first state or local government to access funding to address revenue shortfalls due to the economic fallout from the coronavirus outbreak. [Source]
Publication Date:Origin: reuters.com
Category: domesticNews
Topics: first, Illinois, outbreak, coronavirus, fallout, economic, shortfalls, revenue, address, funding, access, government, local, state, marking, program, borrowing, Reserve, Federal, agreement, announced, facility, liquidity, Fed's
