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Home Front: Politix
Furn Banks bailed out by Fed
2010-12-01
Term Auction Facility (TAF)

Under the program, the Federal Reserve auctioned 28-day loans, and, beginning in August 2008, 84-day loans, to depository institutions in generally sound financial condition
generally sound being sufficiently elastic to include Countrywide, BofA, and all the other TARP babies..
TAF provided access to term credit without the stigma that had been associated with use of the discount window.

All loans extended under the TAF were fully collateralized. All loans made under the facility were repaid in full, with interest, in accordance with the terms of the facility.
Maximum borrowing (in $millions) of foreign banks under TAF (as far as I can tell which are foreign. I may have made mistakes. I wish I knew how to paste an Excel table to the comments.) More programs and facilities at the link.

15,000.0 BARCLAYS BK PLC NY BR
12,000.0 ROYAL BK OF SCOTLAND PLC NY BR
10,000.0 RBS CITIZENS NA
9,000.0 BANK OF SCOTLAND PLC NY BR
8,600.0 BARCLAYS BK PLC PARK AVE BR
8,000.0 UBS AG PARK AVE BR
7,500.0 DEPFA BK PLC NY BR
7,500.0 DEXIA CREDIT LOCAL NY BR
7,500.0 DRESDNER BK AG NY BR
7,500.0 SOCIETE GENERALE NY BR
7,250.0 COMMERZBANK BK NY BR
7,000.0 BAYERISCHE LANDESBANK NY BR
6,000.0 DEUTSCHE BK AG NY BR
5,700.0 UNICREDIT NY BR
5,000.0 CALYON NY BR
5,000.0 COMMERZBANK AG NY BR
5,000.0 RABOBANK NEDERLAND NY BR
4,000.0 BARCLAYS BK DE
4,000.0 NORINCHUKIN BK NY BR
4,000.0 WESTLB AG NY BR
3,600.0 ALLIED IRISH BKS NY BR
3,500.0 FORTIS BK SA/NV NY BR
3,500.0 MIZUHO CORPORATE NY BR
3,000.0 BANK OF NOVA SCOTIA NY AGY
3,000.0 DZ BK AG DEUTSCHE ZENTRA NY BR
3,000.0 ERSTE GROUP BK NY BR
3,000.0 HSH NORDBK AG NY BR
3,000.0 LANDESBK BADEN WUERTTEMB NY BR
2,900.0 ROYAL BK OF CANADA NY BR
2,800.0 SUMITOMO MITSUI BKG NY BR
2,500.0 BANK TOK-MIT UFJ NY BR
2,200.0 BAYERISCHE HYPO VEREINS NY BR
2,100.0 KBC BANK NV NY BR
2,000.0 BNP PARIBAS EQUITABLE TOWER BR
2,000.0 BNP PARIBAS HOUSTON AGY
2,000.0 NATIXIS 1251 AVE OF AMERS BR
2,000.0 TORONTO-DOMINION BK NY BR
1,900.0 LANDESBANK HESSEN-THURIN NY BR
1,800.0 STANDARD CHARTERED BK NY BR
1,500.0 ABN-AMRO BK NV CHICAGO BR
1,500.0 ERSTE BK OESTERREICHISCH NY BR
1,500.0 NATIONAL AUSTRALIA BK NY BR
1,410.0 ARAB BKG CORP NY BR
1,400.0 CREDIT INDUS ET CMRL NY BR
1,230.0 MITSUBISHI UFJ TR & BKG NY BR
1,145.0 ITAU UNIBANCO SA NY BR
1,005.0 EUROHYPO AG NY BR
1,000.0 BANK OF MONTREAL CHICAGO BR
1,000.0 HSBC BK USA NA
1,000.0 SKANDINAVISKA ENSKILDA NY BR
1,000.0 WESTPAC BKG CORP NY BR
980.0 NORDDEUTSCHE LANDESBANK NY BR
970.0 CANADIAN IMPERIAL BK NY AGY
750.0 BANCO BILBAO VIZCAYA ARG NY BR
750.0 BNP PARIBAS SF BR
750.0 SUMITOMO TR BKG NY BR
700.0 BANK OF NOVA SCOTIA HOU BR
500.0 LLOYDS TSB BK PLC NY BR
500.0 NATIXIS NY BR
400.0 SHINKIN CENTRAL BK NY BR
310.0 SHIZUOKA BK NY BR
300.0 BANK HAPOALIM BM NY BR
300.0 BANK OF NOVA SCOTIA SF AGY
250.0 MALAYAN BKG BERHAD NY BR
246.0 SCOTIABANK DE PR
191.4 BANCO SANTANDER SA NY BR
145.0 GUNMA BANK NY BR
100.0 KOREA DEVELOPMENT BK NY BR
100.0 SHINHAN BK NY BR
100.0 SHOKO CHUKIN BK NY BR
Posted by:Nimble Spemble

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