At regional US banks, BTFP-eligible securities top $300bn

Assets classified as held-to-maturity made up less than 19% of aggregate securities portfolios in 2022

Small and mid-sized US regional banks held $301 billion in securities eligible for the Federal Reserve’s Bank Term Funding Program (BTFB) at the end of last year, Risk Quantum research shows.

The Fed’s emergency facility, launched in response to the collapse of Silicon Valley Bank, offers up to one-year loans in exchange for collateral including US Treasuries, US agency securities and US agency mortgage-backed securities (MBSs).

!function(e,i,n,s){var t="InfogramEmbeds",d=e

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here