Lending through the Federal Reserve Board's discount window fell 2.6% during the past week, to $106.3 billion.

Traditional borrowing by commercial banks shrank 21.3%, to $29.9 billion. Lending to weak institutions went down nearly 12.1%, to $620 million.

Borrowings against asset-backed commercial paper did not budge during the week, remaining at $113 million, and investment banks continued to abstain from the window.

Separate from the discount window, the Fed bought $53.7 billion in commercial paper as of Wednesday, 7.4% less than a week earlier.

Reserves held by financial institutions at the central bank grew 6.3%, to $818.8 billion. The Fed's balance sheet expanded by 2.3%, to $2.06 trillion.

Meanwhile the Federal Reserve Bank of New York said it got loan requests Thursday totaling $2.3 billion through the latest round of the Term Asset-Backed Securities Loan Facility. The bids were backed by legacy commercial mortgage-backed securities. Loans from the New York Fed with a three-year maturity will carry a 3.0715% interest rate, and five-year loans will cost 3.8718%.

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