Annual Report 2011

Table 6B. Loans and other credit extensions, by type, year-end 1984-2011 and month-end 2011
Millions of dollars

Period Total loans and other credit extensions Term auction credit Other loans Net portfolio holdings of Preferred interests in AIA/ALICO LLCs 10 Central bank liquidity swaps 11
Primary, secondary, and seasonal credit 1 Primary dealer and other broker-dealer credit 2 AMLF 3 TALF 4 AIG 5 CPFF LLC 6 MMIFF LLC 7 Maiden Lane LLC 8 Maiden Lane II LLC8 Maiden Lane III LLC8 TALF LLC 9
1984 3,577 ... 3,577 ... ... ... ... ... ... ... ... ... ... ... ...
1985 3,060 ... 3,060 ... ... ... ... ... ... ... ... ... ... ... ...
1986 1,565 ... 1,565 ... ... ... ... ... ... ... ... ... ... ... ...
1987 3,815 ... 3,815 ... ... ... ... ... ... ... ... ... ... ... ...
1988 2,170 ... 2,170 ... ... ... ... ... ... ... ... ... ... ... ...
1989 481 ... 481 ... ... ... ... ... ... ... ... ... ... ... ...
1990 190 ... 190 ... ... ... ... ... ... ... ... ... ... ... ...
1991 218 ... 218 ... ... ... ... ... ... ... ... ... ... ... ...
1992 675 ... 675 ... ... ... ... ... ... ... ... ... ... ... ...
1993 94 ... 94 ... ... ... ... ... ... ... ... ... ... ... ...
1994 223 ... 223 ... ... ... ... ... ... ... ... ... ... ... ...
1995 135 ... 135 ... ... ... ... ... ... ... ... ... ... ... ...
1996 85 ... 85 ... ... ... ... ... ... ... ... ... ... ... ...
1997 2,035 ... 2,035 ... ... ... ... ... ... ... ... ... ... ... ...
1998 17 ... 17 ... ... ... ... ... ... ... ... ... ... ... ...
1999 233 ... 233 ... ... ... ... ... ... ... ... ... ... ... ...
2000 110 ... 110 ... ... ... ... ... ... ... ... ... ... ... ...
2001 34 ... 34 ... ... ... ... ... ... ... ... ... ... ... ...
2002 40 ... 40 ... ... ... ... ... ... ... ... ... ... ... ...
2003 62 ... 62 ... ... ... ... ... ... ... ... ... ... ... ...
2004 43 ... 43 ... ... ... ... ... ... ... ... ... ... ... ...
2005 72 ... 72 ... ... ... ... ... ... ... ... ... ... ... ...
2006 67 ... 67 ... ... ... ... ... ... ... ... ... ... ... ...
2007 72,636 40,000 8,636 ... ... ... ... ... ... ... ... ... ... ... 24,000
2008 1,605,848 450,219 93,791 37,404 23,765 ... 38,914 334,102 0 27,023 20,117 26,785 ... ... 553,728
2009 281,095 75,918 20,700 0 0 47,532 22,184 14,064 ... 26,701 15,659 22,661 298 25,106 10,272
2010 138,311 0 221 ... ... 24,703 19,953 ... ... 26,967 16,198 23,143 665 26,385 75
2011 144,098 0 196 ... ... 9,013 ... ... ... 7,232 9,280 17,744 811 ... 99,823
Jan 88,584 0 50 ... ... 22,898 ... ... ... 26,431 16,004 22,444 686 ... 70
Feb 86,310 0 81 ... ... 20,488 ... ... ... 26,056 16,086 22,826 703 ... 70
Mar 84,433 0 58 ... ... 19,208 ... ... ... 25,579 15,941 22,928 718 ... 0
Apr 83,351 0 27 ... ... 16,713 ... ... ... 24,767 16,543 24,568 733 ... 0
May 78,812 0 117 ... ... 14,033 ... ... ... 24,519 15,011 24,386 746 ... 0
Jun 74,267 0 120 ... ... 12,755 ... ... ... 23,852 12,538 24,245 757 ... 0
Jul 65,239 0 80 ... ... 11,881 ... ... ... 20,823 10,226 21,462 767 ... 0
Aug 62,147 0 111 ... ... 11,595 ... ... ... 18,230 10,109 21,327 775 ... 0
Sep 59,352 0 110 ... ... 11,303 ... ... ... 15,482 9,999 21,173 785 ... 500
Oct 54,009 0 67 ... ... 10,856 ... ... ... 12,944 9,474 18,020 794 ... 1,853
Nov 50,879 0 130 ... ... 9,691 ... ... ... 10,629 9,379 17,845 803 ... 2,401
Dec 144,098 0 196 ... ... 9,013 ... ... ... 7,232 9,280 17,744 811 ... 99,823

Note: Components may not sum to totals because of rounding.

1. Prior to 2003, category was "Adjustment, extended, and seasonal credit." Return to table

2. Includes credit extended through the Primary Dealer Credit Facility (PDCF) and credit extended to certain other broker-dealers. The PDCF was dissolved in February 2010. Return to table

3. Includes credit extended through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF). The AMLF was dissolved in February 2010. Return to table

4. Includes credit extended by the Federal Reserve Bank of New York (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility (TALF), net of unamortized deferred administrative fees. The TALF was discontinued in June 2010. Return to table

5. Credit extended to American International Group, Inc. (AIG) includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring. Excludes credit extended to consolidated LLCs. Upon the closing of the AIG recapitalization plan in January 2011, the credit extended to AIG by the FRBNY under the revolving credit facility was repaid in full. Return to table

6. Net portfolio holdings of Commercial Paper Funding Facility (CPFF) LLC. The CPFF was discontinued in February 2010. Return to table

7. Net portfolio holdings of Money Market Investor Funding Facility (MMIFF) LLC. The MMIFF was discontinued in October 2009. Return to table

8. Net portfolio holdings at fair value. Return to table

9. Net portfolio holdings of TALF LLC, a limited liability company formed to purchase and manage any asset-backed securities that might be surrendered by a TALF borrower or otherwise claimed by the FRBNY in connection with its enforcement rights to the TALF collateral. Return to table

10. Preferred interests in AIA Aurora LLC and ALICO Holdings LLC at book value. After the closing of the AIG recapitalization plan, the Federal Reserve was paid in full for its preferred interests in the special purpose vehicles AIA Aurora LLC and ALICO Holdings LLC. Return to table

11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. Return to table

... Not applicable.

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Last update: July 11, 2012