Ally Financial said Wednesday that it has repaid $2.9 billion of debt issued under the Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program. its subsidiary Ally Bank is a regular auto ABS issuer.

The crisis-era stabilization program gave Ally access to another source of liquidity when banks had few options at the height of the financial crisis. Debt was issued to Ally on Oct. 30, 2009, and the $2.9 million portion was due on Tuesday.

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