Bank Term Funding Program

id: bank-term-funding-program-277-5634095
title: Bank Term Funding Program
text: The Bank Term Funding Program (BTFP) is a loan program for banks operated by the United States Federal Reserve since 2023, the Federal Reserve established BTFP to offer loans of up to one year to eligible depository institutions pledging qualifying assets as collateral, as a response to help stabilize the banking industry after the 2023 United States banking crisis. The program was introduced on March 12, 2023 and was set to expire in March 2024. It ceased extending new loans on March 11, 2024.
brand slug: wiki
category slug: encyclopedia
description: Federal Reserve bank loan program
original url: https://en.wikipedia.org/wiki/Bank_Term_Funding_Program
date created:
date modified: 2024-04-22T15:58:44Z
main entity: {"identifier":"Q117085079","url":"https://www.wikidata.org/entity/Q117085079"}
image:
fields total: 13
integrity: 14

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