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
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