Understanding TALF

June 23, 2009 | Greg Leonberger, FSA, EA, MAAA, FCA, Director of Research, Managing Partner

In an effort to revive the credit markets, the Term Asset-Backed Securities Loan Facility (“TALF”) was established by the government as a means to promote private investment in the asset-backed securities market. Asset managers have been quick to move on this program, using TALF loan facilities to create TALF funds for interested clients. In the following paper, we investigate the TALF program and how it could provide liquidity to the credit market as well as attractive return opportunities for investors.

Download PDF

Greg Leonberger, FSA, EA, MAAA, FCA
Director of Research, Managing Partner

Get to Know Greg

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

Related Content

10.02.2024

3Q 2024 Market Insights Webinar

— LIVE WEBINAR OCTOBER 23 — Please join Marquette’s research team for our 3Q 2024…

09.19.2024

Keep Your Eye on the Labor Market

The Fed turned the page and began lowering interest rates with an outsized 50 bp cut at its September FOMC…

09.13.2024

The Path Ahead

At the start of this year, economic forecasts called for up to five 25 basis point interest rate cuts by…

09.05.2024

Are You Ready for Some Fixed Income?

As the leaves change to autumn and the authors cheer on their Fighting Leathernecks, fall is the perfect time for…

09.04.2024

September is the Cruelest Month

The S&P 500 Index pulled back by more than 2% yesterday in a move that is not unprecedented based on…

08.29.2024

Profits and Employment: A Balancing Act

Following last week’s preliminary annual benchmark review from the Bureau of Labor Statistics that suggested U.S. job growth has been…

More articles

Subscribe to Research Email Alerts

Research Email Alert Subscription

Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.

We respect your privacy. We will never share or sell your information.

Thank You

We appreciate your interest in Marquette Associates.

If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.

Contact Us >