Permanent historical factsheet

Agency Debt and Mortgage-Backed Securities Purchase Program

United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.

1Records
2008Date range
1Named people
1Places

Chronological records

2008

Ben Shalom Bernanke25 November 2008

Washington · Economy / Federal Reserve

The Federal Reserve announces plans to purchase up to 100 billion dollars of government-sponsored enterprise debt and up to 500 billion dollars of agency mortgage-backed securities to reduce borrowing costs and support mortgage markets.

Names involved

Ben Shalom Bernanke

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.