Terms of the Agreements. The agreements are contracts between the Department of the Treasury and each GSE. They are indefinite in duration and have a capacity of $100 billion each, an amount chosen to demonstrate a strong commitment to the GSEs’ creditors and mortgage backed security holders. This number is unrelated to the Treasury’s analysis of the current financial conditions of the GSEs.
Appears in 4 contracts
Samples: Treasury Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement
