Correspondingly, the list of securities accepted as collateral was broadened to include investment-grade corporate bonds. In designing the term loan facility and the term PRA for private sector instruments, the Bank was guided by the fourth principle, which recommends minimizing market distortions.
Organizations such as the Workforce Alliance and public-private partnerships supported by the governor’s office are helping people in Virginia improve their own lives and economic circumstances. As our nation continues to recover from the recession, these and similar workforce development programs in communities across the country are demonstrating that they are vital to the well-being of Main Street economies all over America.