Temporary Open Market Operations - FED and CFC

Notice how the deals have fallen substantially, in number and $ terms.
My guess is that CFC was one of their best customers the past few months and now that the deals done by the FED are reduced, no wonder the bankruptcy rumours have surfaced.

http://www.ny.frb.or...m?SHOWMORE=TRUE

Notice how the deals have fallen substantially, in number and $ terms.
My guess is that CFC was one of their best customers the past few months and now that the deals done by the FED are reduced, no wonder the bankruptcy rumours have surfaced.

http://www.ny.frb.or...m?SHOWMORE=TRUE

Fed is merely using bank auctions to replace repurchase agreements.

Nic, Don't forget to add the $20 Billion that they made into longer term loans, which no longer show up but are still owed.
$20 Billion Unprecidented Loans: LINK
(Just the beginning)

Go to the SLOSH REPORT
and set the beginning date to mid December thru today.
You will see that first $20 billion injection immediatedly dropped the "temporary" loans by $20 billion on December 20th.

Edited by Rogerdodger, 08 January 2008 - 11:02 PM.

I know about the $20bl and the next $60bl of the next 2 auctions, but have you noticed the amount of money being aksed and the amount of money given out?

Edited by nicolasillo, 09 January 2008 - 05:17 AM.