NEW YORK Jan 31 The U.S. Federal Reserve's
balance sheet shrank in the latest week with reduced holdings of
mortgage-backed securities, Fed data released on Thursday
The Fed's balance sheet - a broad gauge of its lending to
the financial system - stood at $2.991 trillion on Jan. 30,
compared with a record-large $2.994 trillion on Jan. 23.
The Fed's ownership of mortgage bonds guaranteed by Fannie
Mae, Freddie Mac and the Government National
Mortgage Association (Ginnie Mae) totaled $965.78 billion
compared with $983.17 billion the previous week.
The Fed's holdings of Treasuries totaled $1.710 trillion as
of Wednesday versus $1.697 trillion the previous week.
The Fed's holdings of debt issued by Fannie Mae, Freddie Mac
and the Federal Home Loan Bank system was $75.11 billion, which
was unchanged on the week.
The Fed's overnight direct loans to credit-worthy banks via
its discount window averaged $5 million a day, which was also
unchanged from the prior week.