Weekly Update: Bank Term Funding Program
This week’s BTFP activity is again at a record level:
The Bank Term Funding Program (BTFP, bail out/QE) had approximately $147.2 billion in outstanding loans as of Wednesday this week, up from $141.2 billion a week ago. This represents another record level for this Fed bailout facility.
FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/