Chrysler, Honda join TALF;sale boosted to $8.1 bln


By Nancy Leinfuss NEW YORK, June 30 (Reuters) - The fifth round under the Federal Reserve's TALF program grew to $8.1 billion on Tuesday and is largely being shaped by auto ABS issuers as two new deals join the queue of securities offered ahead of the July 7's subscription deadline. Through its Term Asset-Backed Securities Loan Facility, known as TALF, the Fed aims to unclog consumer lending and reopen the securitization markets, crucial to issuers of ABS. Under the program, the central ...

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