JD Supra

Bank Term Funding Program to Expire on March 11

The Federal Reserve’s Bank Term Funding Program (BTFP) will sunset as planned on March 11, ending a program that helped calm the markets after last year’s collapses of Silicon Valley Bank and ...
Seeking Alpha

Federal Reserve expected to let Bank Term Funding Program expire in March - report

The Federal Reserve is likely to allow its Bank Term Funding Program to expire on March 11, 2024, rather than renew the banking crisis-era lending program, according to commentary from Wrightson ICAP.
Bloomberg L.P.

Bank Term Funding Borrowings Edge Lower After Fed Raised Rate

Borrowing from the Federal Reserve’s emergency funding program dried up, even dropped, after policymakers suddenly slammed the door on a risk-free arbitrage trade just weeks ahead of the facility’s ...
Seeking Alpha

Bank Term Funding Program Winds Down - Lessons Not Learned

The Federal Reserve's role includes maintaining financial stability and acting as a lender of last resort, as seen in the 2023 Regional Banking Crisis. The Bank Term Funding Program, or BTFP, was ...
Bloomberg L.P.

Fed’s Newest Tool Has Become More Attractive on Rate-Cut Bets

A Federal Reserve lending facility crafted this March to support ailing banks is looking better than ever after the central bank’s dovish pivot last week as the expectation of aggressive interest-rate ...