Thursday, December 2, 2010

FT: Fed statement on credit facilties

The Federal Reserve is committed to transparency and has previously provided extensive aggregate information on its facilities in weekly and monthly reports. As provided by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, transaction-level details now are posted from December 1, 2007, to July 21, 2010, in the following programs:

Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF)

Term Asset-Backed Securities Loan Facility (TALF)

Primary Dealer Credit Facility (PDCF)

Commercial Paper Funding Facility (CPFF)

Term Securities Lending Facility (TSLF)

TSLF Options Program (TOP)

Term Auction Facility (TAF)

Agency MBS purchases

Dollar liquidity swap lines with foreign central banks

Assistance to Bear Stearns, including Maiden Lane

Assistance to American International Group, including Maiden Lane II and III

Additionally, discount window and open market operation transactions after July 21, 2010, will be posted with a two-year lag.

The data made available Wednesday can be downloaded in multiple formats, including Excel, at www.federalreserve.gov/newsevents/reform_transaction.htm. The Excel files allow users to search, sort, and filter the data for each program in multiple categories. The site also provides explanations of each program as well as definitions for the data elements.

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