This week’s BTFP activity:
- The Bank Term Funding Program (BTFP, bail out/QE) had approximately $108.0 billion in outstanding loans as of Wednesday this week, up from $107.9 billion (+ $0.1 billion) a week ago.
- The “other credit extensions” line item of $133.4 billion includes the FDIC loans made to regional banks. This figure is down from $133.8 billion (- $0.4 billion) a week ago.
FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/