|
|
| Term Asset-Backed Securities Loan Facility: CMBS |
| |
|
The Federal Reserve created the Term Asset-Backed Securities
Loan Facility (TALF), to help market participants meet the
credit needs of households and small businesses by supporting
the issuance of asset-backed securities (ABS) collateralized
by auto loans, student loans, credit card loans, equipment
loans, floorplan loans, insurance premium finance loans,
loans guaranteed by the Small Business Administration, residential
mortgage servicing advances, or commercial mortgage loans. Eligible
borrowers must use a TALF Agent, which will act as agent
for the borrower, to access the TALF and must deliver eligible
collateral to the New York Fed’s custodian bank. |
 |
| |
| Rates for October 21, 2009 Facility: |
| |
Sector |
Fixed
3 year loan |
Fixed
5 year loan |
Commercial
Mortgage |
2.8620 |
3.6400 |
|
| |
| Amount of TALF loans requested at October 21, 2009 Facilty: |
| |
Sector |
Newly Issued
Amount |
Legacy
Amount |
Commercial
Mortgage |
$0 |
$2,124,921,093 |
|
| |
| Amount of TALF loans settled for October 21, 2009 Facility: |
| |
Sector |
Newly Issued
Amount |
Legacy
Amount |
Commercial
Mortgage |
$0 |
$1,930,574,358 |
|
| |
|
| 1As
defined in the terms & conditions |
| |
| Rates for September 17, 2009 Facility: |
| |
Sector |
Fixed 3 year loan |
Fixed 5 year loan |
Commercial Mortgage |
2.9455 |
3.7958 |
|
| |
| |
| Amount of TALF loans requested at September 17, 2009 Facility: |
| |
Sector |
Newly Issued
Amount
|
Legacy
Amount
|
Commercial Mortgage |
$0 |
$1,401,924,696 |
|
| |
| |
| Amount of TALF loans settled for September 17, 2009 Facility: |
| |
Sector |
Newly Issued
Amount
|
Legacy
Amount
|
Commercial Mortgage |
$0 |
$1,351,097,649.54 |
|
| |
|
| 1As
defined in the terms & conditions |
| |
| Rates for August 20,
2009 Facility: |
| |
Sector |
Fixed 3 year loan |
Fixed 5 year loan |
Commercial Mortgage |
3.0715 |
3.8718 |
|
| |
| |
| Amount of TALF loans requested at August 20, 2009 Facility: |
| |
Sector |
Newly Issued Amount |
Legacy Amount |
Commercial Mortgage |
$0 |
$2,283,323,490.50 |
|
|
| |
| |
Amount of TALF loans settled for August 20,
2009 Facility: |
| |
Sector |
Newly Issued Amount |
Legacy Amount |
Commercial Mortgage |
$0 |
$2,148,314,045.09 |
|
|
| |
| 1As
defined in the terms & conditions |
| |
| |
| Rates for July 16,
2009 Facility: |
| |
Sector |
Fixed 3 year loan |
Fixed 5 year loan |
Commercial Mortgage |
3.0275 |
3.8735 |
|
| |
| |
| Amount of TALF loans requested at July 16, 2009 Facility: |
| |
Sector |
Newly Issued Amount |
Legacy Amount |
Commercial Mortgage |
$0 |
$668,940,185.57 |
|
|
| |
| 1As
defined in the terms & conditions |
| |
| |
| |
Rates for June 16, 2009 Facility: |
| |
Sector |
Fixed 3 year loan
(Average Life, in years) |
Fixed 5 year loan
|
<1
|
1-<2 |
>=2 |
Commercial Mortgage |
N/A |
N/A |
3.2710 |
4.1300 |
|
|
| |
| |
Amount of TALF loans requested at June 16, 2009 Facility: |
| |
Sector |
Amount |
Commercial Mortgage |
$0 |
|
|
| |
| 1As
defined in the terms & conditions |
| |
| |
| |
|
