With no end in sight for the financial crisis, the Federal Reserve said Tuesday it will extend three of its liquidity programs through April 30.

The primary dealer credit facility (PDCF), asset-backed commercial paper money market fund liquidity facility, and the term securities lending facility (TSLF) were scheduled to end on Jan. 30. The three-month extension means these programs will now phase out at the same time as other facilities the Fed has introduced, including the commercial paper funding facility and the money market investor funding facility.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.