Keeping you up to date on the latest data releases.
- Federal Reserve Balance Sheet
The loans extended to Maiden Lane II and III were repaid according to their monthly schedules this week. On the outstanding loan to Maiden Lane II, $220 million was returned to the New York Fed, bringing the total left to be repaid down to $14.089 billion. Maiden Lane III saw a fall of nearly $400 million, dropping the balance remaining to $15.469 billion. The mortgage-backed security (MBS) coupon swap operations announced last week by the New York Fed continued this week, racking up an extra $6 billion. Other assets have continued along their trends. Discount Window lending was cut to a third of its previous size, falling to $111 million left outstanding. Security holdings from the large-scale asset purchase programs seem to have topped out in the range of $1.6 trillion. There was no significant action on the other side of the balance sheet. The third and final scheduled small-scale Term Deposit auction is set for next Monday.