Weekly Update: Bank Term Funding Program

This week’s BTFP activity:

• The Bank Term Funding Program (BTFP, bail out/QE) had approximately $108.9 billion in outstanding loans as of Wednesday this week, up from $107.7 billion (+ $1.2 billion) a week ago.

• The “other credit extensions” line item of $58.3 billion includes the FDIC loans made to regional banks. This figure is down from $63.7 billion (- $5.4 billion) a week ago.

FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/

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