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Tag: bank term funding program
The Bank Term Funding Program (BTFP, bail out/QE) had approximately $100.2 billion in outstanding loans as of Wednesday this week, up from $93.6 billion (+ $6.6 billion) a week ago. This banking crisis is not over. The “other credit extensions” line item of $185.2 billion includes the FDIC loans made to regional banks. This figure is down … Continue reading Weekly Update: Bank Term Funding Program
The Bank Term Funding Program (BTFP, bail out/QE) had approximately $91.9 billion in outstanding loans as of Wednesday this week, up from $87.0 billion (+ $4.9 billion) a week ago. The “other credit extensions” line item of $192.6 billion includes the FDIC loans made to regional banks. This figure is down from $208.5 billion (- $15.9 billion) … Continue reading Weekly Update: Bank Term Funding ProgramPremium
The Bank Term Funding Program (BTFP, bail out/QE) had approximately $87.0 billion in outstanding loans as of Wednesday this week, up from $83.1 billion (+ $3.9 billion) a week ago. The “other credit extensions” line item of $208.5 billion includes the FDIC loans made to regional banks. This figure is down from $212.5 billion (- $4.0 billion) … Continue reading Weekly Update: Bank Term Funding Program
The Bank Term Funding Program (BTFP, bail out/QE) had approximately $83.1 billion in outstanding loans as of Wednesday this week, up from $75.8 billion (+ $7.3 billion) a week ago. The “other credit extensions” line item of $212.5 billion includes the FDIC loans made to regional banks. This figure is down from $228.2 billion (- $15.7 billion) … Continue reading Weekly Update: Bank Term Funding Program
The Bank Term Funding Program (BTFP, bail out/QE) had approximately $81.3 billion in outstanding loans as of Wednesday this week, up from $74.0 billion (+ $7.3 billion) a week ago. The “other credit extensions” line item of $170.4 billion includes the FDIC loans made to regional banks. This figure is down from $172.6 billion (- $2.2 billion) … Continue reading Weekly Update: Bank Term Funding Program
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 … Continue reading Weekly Update: Bank Term Funding Program
The Bank Term Funding Program (BTFP) had approximately $64.4 billion in outstanding loans as of Wednesday this week. The “other credit extensions” line item of $180.1 billion includes the FDIC loans made to the regional banks over the past several weeks. March 2023 is the month the Fed reinstituted Quantitative Easing to the Capital Markets. FEDERAL RESERVE statistical … Continue reading Weekly Update: Bank Term Funding Program
The Fed allowed a modest amount of Treasuries and a larger position of Agency securities to run off its balance sheet the week ended March 29th 2023. However, when one considers the Fed’s bail out facility – the Bank Term Funding Program (BTFP) - it is clear we entered a period of Quantitative Easing (QE) … Continue reading The Fed’s Balance Sheet Reduction (QT) Update
The Fed is already doing back door Quantitative Easing (QE) as a result of weakness in the Banking sector. What if CRE defaults were to accelerate? With high Office vacancy rates and $3.6 Trillion in CRE debt outstanding, there ought to be plenty more defaults in 2023. Earlier this month Blackstone defaulted on $562 million … Continue reading CRE Debt To Break The Fed?
The Fed, Treasury and the FDIC are writing a check they can't cash. Based on their rhetoric, the three Government organizations have implied that they will backstop all bank deposits. It would be impossible for this unholy triumvirate to do so given the tab could be north of $15 Trillion at the extreme. MORE BANK … Continue reading A Full Bank Deposit Backstop Is Impossible
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