3,882
edits
FED Balance Sheet: Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| Line 13: | Line 13: | ||
=== April 2023 === | === April 2023 === | ||
Total assets dropped by $59 billion in the week of May 4, and by $230 billion in the six weeks since peak bank bailout, to $8.50 trillion. <ref>https://www.federalreserve.gov/releases/h41/20230504/</ref> | |||
* Treasury notes and bonds: -$49 billion for the week, -$549 billion from the peak in June 2022, to $5.22 trillion. In all of April, $58 billion in Treasury securities rolled off, just under the cap of $60 billion. | |||
* MBS: no change for the week, -$19 billion in April, -$164 billion from peak, to $2.58 trillion. | |||
* Discount Window (“Primary Credit”): -$68 billion in the week, to just $5 billion. First Republic’s borrowings at the Discount Window and at the BTFP were paid off after the FDIC resolved First Republic over the weekend <ref>https://wolfstreet.com/2023/05/04/feds-balance-sheet-plunges-by-230-billion-in-6-weeks-biggest-such-plunge-in-14-years/</ref> | |||
* Bank Term Funding Program (BTFP): -$6 billion in the week to $76 billion. | |||
* Repos with “foreign official” counterparties: paid off in the prior week. This was likely the program that the Swiss National Bank used to provide dollar-liquidity support for the take-under of Credit Suisse by UBS. | |||
== References == | == References == | ||