FRED has added 4 new data series of Bank Term Funding Program from the Board of Governors of the Federal Reserve System.
The Bank Term Funding Program provides liquidity to US depository institutions, taking eligible financial assets as collateral. This program was launched on 03/12/2023 to help banks, saving associations, and credit unions meet the liquidity needs of all their depositors. The Department of the Treasury has pledged $25 billion as credit protection to the Federal Reserve Banks in connection to this program. The Bank Term Funding Program is set to close by 03/11/2024. More details are available here: Bank Term Funding Program.
The post FRED Adds Bank Term Funding Program Data first appeared on St. Louis Fed Economic Research.
