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Home > Releases > H.4.1 Factors Affecting Reserve Balances > Factors Supplying Reserve Balances - Loans - Credit Extended to American International Group, Inc., Net (DISCONTINUED SERIES) (WLCFAIGL)

Factors Supplying Reserve Balances - Loans - Credit Extended to American International Group, Inc., Net (DISCONTINUED SERIES) (WLCFAIGL)

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  Real-Time Period
Title Start     End     

Factors Supplying Reserve Balances - Loans - Credit Extended to American International Group, Inc., Net (DISCONTINUED SERIES) 2011-07-07 Current
 
Source    

Board of Governors of the Federal Reserve System (US) 2011-07-07 Current
 
Release    

H.4.1 Factors Affecting Reserve Balances 2011-07-07 Current
 
Units    

Millions of Dollars 2011-07-07 Current
 
Frequency    

Weekly, As of Wednesday 2011-07-07 Current
 
Seasonal Adjustment    

Not Seasonally Adjusted 2011-07-07 Current
 
Notes    

On September 16, 2008, the Federal Reserve announced that it would lend to American International Group, Inc. (AIG) to provide AIG with breathing room to execute a value-maximizing strategic plan. On October 8, 2008, the FRBNY was authorized to extend credit to certain AIG subsidiaries against a range of securities. The credit extended to AIG under both of these programs is reported on this line. As a result of the closing of AIG recapitalization plan on January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend any further funds was terminated.
**DISCONTINUED**

2011-07-07 Current
 

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Money, Banking, & Finance > Monetary Data > Factors Affecting Reserve Balances


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