74) Over the Past Three Months, How Have the Terms Under Which Consumer ABS (for Example, Backed by Credit Card Receivables or Auto Loans) Are Funded Changed?| A. Terms for Average Clients | 3. Haircuts. | Answer Type: Tightened Somewhat
SFQ74A3TSNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
10/1/2011 - 4/1/2025
Summary
Measures changes in funding terms for consumer asset-backed securities like credit card and auto loan packages. Provides critical insight into consumer credit market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator tracks haircut variations in consumer asset-backed securities funding. It helps economists understand credit market tightness.
Methodology
Collected through quarterly survey of financial institutions about ABS funding terms.
Historical Context
Used by investors and policymakers to assess consumer credit market trends.
Key Facts
- Tracks consumer asset-backed security funding
- Quarterly measurement of credit market conditions
- Focuses on haircut variations
FAQs
Q: What are asset-backed securities?
A: Financial instruments backed by specific asset pools like credit card receivables or auto loans.
Q: What do 'haircuts' mean in this context?
A: Discounts applied to asset values when determining lending or funding terms.
Q: Why are these funding terms important?
A: They indicate credit market health and potential lending constraints for consumers.
Q: How frequently do these terms change?
A: Quarterly surveys capture evolving market conditions and institutional perspectives.
Q: What factors influence these funding terms?
A: Economic conditions, risk assessments, and institutional lending strategies impact terms.
Related Trends
37) To the Extent That the Price or Nonprice Terms Applied to Nonfinancial Corporations Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 35 and 36), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 7. More-Aggressive Competition from Other Institutions. | Answer Type: 3rd Most Important
CTQ37B73MINR
62) Over the Past Three Months, How Have the Terms Under Which Agency Rmbs Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Eased Somewhat
ALLQ62A1ESNR
31) To the Extent That the Price or Nonprice Terms Applied to Separately Managed Accounts Established with Investment Advisers Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 29 and 30), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 5. Increased Availability of Balance Sheet or Capital at Your Institution. | Answer Type: First In Importance
CTQ31B5MINR
31) To the Extent That the Price or Nonprice Terms Applied to Separately Managed Accounts Established with Investment Advisers Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 29 and 30), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 5. Increased Availability of Balance Sheet or Capital at Your Institution. | Answer Type: 3rd Most Important
ALLQ31B53MINR
35) Over the Past Three Months, How Have the Price Terms (for Example, Financing Rates) Offered to Nonfinancial Corporations as Reflected Across the Entire Spectrum of Securities Financing and Otc Derivatives Transaction Types Changed, Regardless of Nonprice Terms?| Answer Type: Eased Somewhat
ALLQ35ESNR
76) Over the Past Three Months, How Has Demand for Term Funding with a Maturity Greater Than 30 Days of Consumer ABS by Your Institution's Clients Changed?| Answer Type: Decreased Considerably
SFQ76DCNR
Citation
U.S. Federal Reserve, Consumer ABS Funding Terms (SFQ74A3TSNR), retrieved from FRED.