Dallas Federal Reserve Bank President Lorie Logan on Tuesday floated the idea of allocating a "modest" part of the Fed's balance sheet to loans and repos, perhaps holding a daily auction of ...

The Fed uses its so-called discount window facility to lend to banks that need ready cash, often in exchange for less-than-liquid collateral such as business loans. Particularly in recent years ...

Speaking at a conference in London, Logan added that auctioning off a fixed quantity of discount-window loans each day may "encourage banks' operational readiness" and demonstrate that borrowing ...

Logan emphasized the critical importance of every U.S. bank being set up to use the Federal Reserve's discount window. She noted that work is needed from both the Federal Reserve and banks to get more ...

However, if a bank can't meet its funding needs from the overnight market, it can obtain funds through the discount window. The discount window refers to the Federal Reserve's facility for banks ...

Loans and advances released by the central bank to supervised financial institutions totaled P89.5 billion as of end-November ...