- The Bank Term Funding Program (BTFP, bail out/QE) had approximately $74.0 billion in outstanding loans as of Wednesday this week, up from $71.8 billion (+ $2.2 billion) a week ago.
- The “other credit extensions” line item of $172.6 billion includes the FDIC loans made to regional banks. This figure is unchanged from a week ago.
- While the Fed runs this QE program, it is separately tightening the money supply, further sending mixed signals to the market.
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