In March 2008,the Fed announced that primary dealers would be eligible to receive discount loans.

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In March 2008, the Fed did indeed announce that primary dealers would be eligible to receive discount loans. This was part of a series of measures taken by the Fed to address the global financial crisis. Primary dealers are banks and securities firms that are authorized to buy and sell government securities directly with the Federal Reserve. By making discount loans available to primary dealers, the Fed hoped to provide additional liquidity to financial markets and help stabilize the economy.

In March 2008,the Fed Announced That Primary Dealers Would Be