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What is Credit Extensions Summary April 2008 about?

This document lists primary, secondary, and other extensions of credit from the Federal Reserve totaling $21,998,440,000 as of April 23, 2008. The largest loans were $11,600,000,000 to JPMorgan Chase Bank NA for the Primary Dealer Credit Facility for Bear Stearns and $5,705,000,000 to Bank of New York for the Primary Dealer Credit Facility for Barclays. Other major borrowers included Bank of Nova Scotia, KeyBank NA, and U.S. Bank NA.

Author

vpkqbbbsziwtx

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EN