On June 11, 2020, the Federal Reserve Bank of New York (FRBNY) issued an updated Notice of Interest (NOI) for the Municipal Liquidity Facility to reflect the expansion of the facility described in our June 5, 2020, client alert.

The updated NOI is available at this link and is attached as Attachment I. Attachment II highlights differences between the new NOI and the previous NOI. FRBNY’s full webpage for the application procedure is available at this link.

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