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Term Asset-Backed Securities Loan Facility (DISCONTINUED) (WTALF)

Observation:

2015-12-30: 0  
Updated: Dec 31, 2015

Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Weekly,
Ending Wednesday
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Term Asset-Backed Securities Loan Facility (DISCONTINUED), Millions of Dollars, Not Seasonally Adjusted (WTALF)
The Term Asset-Backed Securities Loan Facility (TALF) is a funding facility that issues loans with a term of up to three years to holders of eligible asset-backed securities (ABS). The program is intended to assist the financial markets in accommodating the credit needs of consumers and businesses of all sizes by facilitating the issuance of ABS backed by consumer and small business loans and to improve the market conditions for ABS more generally.
More information at http://www.federalreserve.gov/monetarypolicy/talf.htm.

Term Asset-Backed Securities Loan Facility (DISCONTINUED)

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NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.4.1 Factors Affecting Reserve Balances  

Notes:

The Term Asset-Backed Securities Loan Facility (TALF) is a funding facility that issues loans with a term of up to three years to holders of eligible asset-backed securities (ABS). The program is intended to assist the financial markets in accommodating the credit needs of consumers and businesses of all sizes by facilitating the issuance of ABS backed by consumer and small business loans and to improve the market conditions for ABS more generally.
More information at http://www.federalreserve.gov/monetarypolicy/talf.htm.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Term Asset-Backed Securities Loan Facility (DISCONTINUED) [WTALF], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WTALF, September 28, 2016.

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