The New York Fed retained BlackRock Financial Markets Advisory as third-party investment manager for the Secondary Market Corporate Credit Facility in March 2020.

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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 8: THE SHIELD OF SCREWTAPE Three Sleepy Kings

"The New York Fed retained BlackRock Financial Markets Advisory as third-party investment manager for the Secondary Market Corporate Credit Facility in March 2020."

The official facility record establishes BlackRock's operational role under Federal Reserve direction during the COVID-era corporate-credit intervention.

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Source title Secondary Market Corporate Credit Facility

Source authors Federal Reserve Bank of New York

Source year 2020

Confidence high

Importance high