New Fed bank facility could see up to $2 trillion of usage, JPMorgan analysts say

The Federal Reserve’s new facility set up after the collapse of two U.S. banks last week could see up to $2 trillion of use, according to a new analysis.
The Fed last weekend set up a lending program called the Bank Term Funding Program. What’s unique about it is that banks are allowed to pledge collateral at par, at a time when those securities are trading at a loss due to…

This story appeared on, 2023-03-18.
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