Monday, November 29, 1999

U.S. Fed`s balance sheet edges up in latest week

News posted by

The U.S. Federal Reserve's balance sheet rose in the latest week, Fed data released on Thursday showed.The balance sheet -- a broad gauge of Fed lending to the financial system -- rose to $2.327 trillion in the week ended June 16 from $2.314 trillion in the week ended June 9.For link to graphic see Fed's holdings of mortgage-backed securities backed by housing finance companies Fannie Mae and Freddie Mac totaled $1.128 trillion on June 16, versus $1.114 trillion the previous week.The U.S. central bank's ownership of debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Bank System was $166.21 billion compared with $166.72 billion a week earlier.Primary credit via the Fed's discount window averaged $104 million a day in the latest week compared with $105 million per day in the previous week.(Reporting by Burton Frierson; Editing by Leslie Adler)

News posted by

Click here to read more news from
Please follow our blogs



No comments:

Post a Comment