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What is Credit Extensions Summary Report about?

This document lists primary and secondary credit extensions from the Federal Reserve totaling $19.2 billion made on May 13, 2008. The largest loans were $11.5 billion to JPMorgan Chase Bank for PDCF Bear Stearns and $3.5 billion to Bank of New York for PDCF Barclays. Smaller loans ranging from $75,000 to $95 million were made to various large and small commercial banks, credit unions, and thrift institutions.

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vpkqbbbsziwtx

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EN