Commercial Paper Funding Facility

Business, Legal & Accounting Glossary

Definition: Commercial Paper Funding Facility


Commercial Paper Funding Facility


Full Definition of Commercial Paper Funding Facility


CPFF. Credit facility created during the wake of the financial crisis of 2008 to provide funding to a special funding vehicle to provide short-term liquidity. The facility accomplishes this by having the special funding vehicle purchase eligible three-month unsecured and asset-backed commercial paper from eligible issuers with funding provided by the Federal Reserve Bank of New York. Only U.S. issuers of commercial paper are allowed to participate in programs provided by the CPFF.


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Commercial Paper Funding Facility. PayrollHeaven.com. Retrieved November 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/commercial-paper-funding-facility/

Definition Sources


Definitions for Commercial Paper Funding Facility are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th November, 2021 | 2 Views.