This week’s BTFP activity:
- The Bank Term Funding Program (BTFP, bail out/QE) had approximately $107.6 billion in outstanding loans as of Wednesday this week, down from $108.0 billion (- $0.4 billion) a week ago.
- The “other credit extensions” line item of $85.0 billion includes the FDIC loans made to regional banks. This figure is down from $133.4 billion (- $48.4 billion) a week ago.
FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/