Weekly Update: Bank Term Funding Program

Weekly Update: Bank Term Funding Program

  • The Bank Term Funding Program (BTFP) had approximately $11.9 Billion in outstanding loans as of Wednesday this week, just north of the Paycheck Protection Program (PPP, a COVID relic), which had $10.6 billion in loans outstanding.
  • The “other credit extensions” line item of $142.8 billion includes the FDIC loans made to the regional banks this past week.
FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/h41.htm

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