Relevant:
- Fed May Lose Out on Bear Assets, Bank of America Says
- New York Fed Announces Full Repayment of its Loans to Maiden Lane LLC and Maiden Lane III LLC
- Why Is The Fed Actively Managing A $25 Billion Maiden Lane MBS Portfolio When Its $2.4 Trillion SOMA Holdings Have A $1 Billion DV01? (And Are Unhedged)
- AIG Gains As New York Fed Ending $62 Billion Auction: Mortgages
- Fed Reveals Bear Stearns Assets It Swallowed in Firm’s Rescue
2011-04-30 — bloomberg.com
"The assets of Maiden Lane, used by the U.S. central bank to facilitate the sale of the New York-based investment bank to JPMorgan Chase & Co. (JPM), were valued at $24.8 billion on April 27, down from $25.6 billion on March 30 and $30 billion at inception, according to weekly Fed data released yesterday. The 4.7 percent decline in the holdings, mostly government-backed mortgage bonds, is the largest since October 2008."
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