U.S. bailout has pledged $11.6 trillion as of September 25th 2009 compared to $7.4 trillion as of November 24th 2008. Although down from $12.8 trillion on March 31st 2009. The Federal Reserve sharing a $5.8 trillion portion as of September 25th …

US Bailout Pledge up from $7.4 to $11.6 trillion Read more »

Investors applied for a total of $6.5 billion in loans from the Federal Reserve through their Term Asset-Backed Securities Loan Facility (TALF) emergency lending program. The TALF program provides low interest loans to investors for purchasing securities backed by auto, …

TALF Program Update – $6.54 Billion in Loans Read more »

Federal Reserve Liquidity Swap Lines  There are two types of Liquidity Swaps the Federal Reserve by way of the Federal Open Market Committee has established: Dollar Liquidity Swap Lines and Foreign-Currency Liquidity Swap Lines.   Dollar Liquidity Swap Lines A …

Federal Reserve Liquidity Swaps Explained Read more »

On Tuesday, August 11th, the Federal Reserve purchased an additional $2.7 billion of US Department of Treasury bonds maturing from August 2026 through May 2039, essentially 17-30 year bond maturity dates. In March, the Federal Reserve stated it would purchase up …

Fed has purchased $252 billion of Treasuries Read more »

Term Asset-Backed Securities Loan Facility – Definition and Explanation “The Federal Reserve created the Term Asset-Backed Securities Loan Facility (TALF), to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities …

TALF – Definition and Explanation Read more »

Unconventional monetary policy announced by the Federal Reserve Open Market Committee on March 18 2009: “To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserve’s balance sheet further …

Federal Reserve purchase of GSE Debt and Securities Read more »

Current accounting of the Federal Reserve’s Balance Sheet as of July 30th 2009 $695.758 billion – U.S. Treasury Securities $105.915 billion – Federal Agency Debt Securities $542.888 billion – Mortgage-backed Securities $274.085 billion – Direct Bank Lending (Loans through Discount …

Federal Reserve Balance Sheet as of July 30th 2009 Read more »