{"id":61493,"date":"2023-09-15T15:34:11","date_gmt":"2023-09-15T19:34:11","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/why-an-emergency-fed-lending-program-for-banks-is-seeing-increased-demand\/"},"modified":"2023-09-15T15:34:14","modified_gmt":"2023-09-15T19:34:14","slug":"why-an-emergency-fed-lending-program-for-banks-is-seeing-increased-demand","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=61493","title":{"rendered":"Why an emergency Fed lending program for banks is seeing increased demand"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002511045\">\n<div class=\"snippet__body\">\n<p>Financial institutions are increasingly taking advantage of an emergency program created by the Federal Reserve in March after the collapse of California\u2019s Silicon Valley Bank.As of Wednesday, they borrowed almost $108 billion from the Fed\u2019s Bank Term Funding Program, which was designed to provide an additional source of liquidity at times of stress, according to data from the central bank. That\u2019s up by $138 million from the prior week. The increased borrowing occurred during a one-week period in which Treasury yields were not far from some of their highest levels of this year, a sign of diminished demand for underlying&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/feds-lending-to-financial-institutions-sees-pickup-in-demand-a14a8315?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions are increasingly taking advantage of an emergency program created by the Federal Reserve in March after the collapse of California\u2019s Silicon Valley Bank.As of Wednesday, they borrowed almost $108 billion from the Fed\u2019s Bank Term Funding Program, which was designed to provide an additional source of liquidity at times of stress, according to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-61493","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why an emergency Fed lending program for banks is seeing increased demand | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Financial institutions are increasingly taking advantage of an emergency program created by the Federal Reserve in March after the collapse of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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