(Bloomberg) -- Federal Reserve’s balance sheet expanded to a record $6.72 trillion as the central bank continued robust purchases of Treasury and mortgage-backed securities to help ensure financial market functioning amid the coronavirus pandemic.

  • Total assets held by the Fed rose by $65.5b in the week through May 6, according to data published Thursday on its website
  • Borrowing through the Commercial Paper Funding Facility rose to $3.99b from $3.37b
  • Small-business loans backstopped by the Fed’s Paycheck Protection Program Liquidity Facility, launched on April 16, stood at $29.2b, up from $19.5b a week earlier
  • Liquidity swaps with foreign central banks rose to $444.9b, up from $439.0b the previous week, as the Fed continued to ease access to dollar funding worldwide
  • Loans through the Money Market Mutual Fund Liquidity Facility fell to $42.8b from $46.3b the week before
  • Lending through the Primary Dealer Credit Facility fell to $14.9b from $25.5b
  • Borrowing by banks from the Fed’s discount window fell to $26.5b from $31.8b

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