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Memorial Day Transaction Guidelines May 19, 2023
 

Holiday Guidelines for Advances

Advances will be limited to 90 days or less after noon on Friday, May 26. The Lending Desk is recommending notification of all term prepayment requests by 10 a.m. on the days when advances are limited.

Holiday Guidelines for the MPF Program

In observance of Memorial Day, the MPF Program will not accept Delivery Commitments or Fundings on Monday, May 29, 2023. Additionally, due to the SIFMA Bond Market’s scheduled early closing on the business day prior to the observance of Memorial Day, Delivery Commitments and Loan Fundings will not be accepted by the MPF Program after 1 p.m. CT on Friday, May 26, 2023. The MPF Service Center will be available on Friday, May 26, 2023 to take calls and answer questions until 3 p.m. CT. 

Friday, 5/26/2023, will be a typical early closure for the MPF Program:

  • Delivery Commitments and Fundings will not be accepted after 1:00 p.m. CT.
  • End of Day processes will begin at 1 p.m. CT.
  • NACHA files will be available by 2 p.m. CT.
  • The Data Mart, all other files, and reports will be available at their normal times.
  • The MPF Service Center will remain open until 3 p.m. CT to take calls and answer questions. 

 
Monday, 5/29/2023, will be a typical holiday closure for the MPF Program:

  • Delivery Commitments and Fundings will not be accepted.
  • End of Day processes will not be run.
  • NACHA files will be not be created. 
  • The Data Mart, all other files, and reports will not be created.
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