Fed “Other Loans” Jump to Record: $400 bn
The H.4.1 Absolute Horror Show
Other loans: $ 400 bn ( this is DOUBLE last week level )
of which
Discount window: $ 49 bn
PDCF and other B/D: $ 146 bn
ABCP/money market liquidity facilty: $ 152 bn
AIG: $ 61 bn
Treasury supplementary financing: $ 344 bn
Foreign accounts bought $ 37 bn of treasuries and $ 6.6 bn agencies
TSLF + O/N: $ 235 bn
October 2nd, 2008 at 4:55 pm
Also saw that the failures to deliver and receive were crazy high relative to the past. Any thoughts as to why that may be?
October 2nd, 2008 at 5:10 pm
They didn’t update their MV for the Bear Stearns assets either.
October 2nd, 2008 at 5:10 pm
Lehman collateral damage ?
this happens fairly regularly when there is a flight to quality.
October 3rd, 2008 at 12:43 am
wow — I will have more on this soon.
October 3rd, 2008 at 5:57 am
Bill:
The Fed said the reevaluation of the Bear paper will show on oct 23.
(bloomberg)