NEW YORK The U.S. Federal Reserve's balance sheet grew in the latest week on increased Treasuries holdings, Fed data released on Thursday showed.
The Fed's balance sheet liabilities, which are a broad gauge of its lending to the financial system, stood at $3.436 trillion on June 26, compared with $3.427 trillion on June 19.
The Fed's holdings of Treasuries rose to $1.928 trillion as of Wednesday, from $1.919 trillion the previous week.
The Fed's ownership of mortgage bonds guaranteed by Fannie Mae (FNMA.OB), Freddie Mac (FMCC.OB) and the Government National Mortgage Association (Ginnie Mae) dipped to $1.208 trillion from $1.209 trillion the previous week.
The Fed's holdings of debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Bank system totaled $70.658 billion, unchanged from the previous week.
The Fed's overnight direct loans to credit-worthy banks via its discount window averaged $24 million a day during the week versus $25 million a day the previous week.