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Fed balance sheet shrinks in latest weekUS-USA-FED-DISCOUNT:Fed balance sheet shrinks in latest week
NEW YORK (Reuters) - The U.S. Federal Reserve's balance sheet shrank in the latest week with reduced holdings of Treasuries, mortgage-backed securities and federal agency debt securities, Fed data released on Thursday showed.
The Fed's balance sheet - a broad gauge of its lending to the financial system - stood at $2.805 trillion on October 31, down from $2.823 trillion on October 24.
The Fed's holdings of Treasuries totaled $1.645 trillion as of Wednesday from $1.647 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) totaled $852.04 billion from $868.07 billion the previous week.
The Fed's holdings of debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Bank system totaled $81.90 billion from $82.75 billion the previous week.
The Fed's overnight direct loans to credit-worthy banks via its discount window averaged $26 million a day during the week from a $4 million a day average rate the prior week.
(Reporting by Chris Reese; Editing by Chizu Nomiyama)
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