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?| B. Terms for Most Favored Clients, as a Consequence of Breadth, Duration And/or Extent of Relationship | 3. Haircuts. | Answer Type: Eased Somewhat
SFQ74B3ESNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
10/1/2011 - 4/1/2025
Summary
Tracks changes in funding terms for consumer asset-backed securities (ABS) for most favored clients. Provides insight into credit market conditions and lending dynamics.
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 trend measures the haircut terms for top-tier clients in consumer ABS markets. It reflects lending environment flexibility and credit market sentiment.
Methodology
Data collected through Federal Reserve senior loan officer survey.
Historical Context
Used by financial institutions to assess credit market lending conditions.
Key Facts
- Indicates credit market flexibility
- Reflects top-tier client lending terms
- Part of Federal Reserve market analysis
FAQs
Q: What are ABS haircuts?
A: Haircuts represent risk adjustments in asset-backed securities pricing. Lower haircuts suggest more favorable lending conditions.
Q: Why do these terms matter?
A: They provide early signals about credit market health and lending institution risk appetite.
Q: How often is this data updated?
A: Typically updated quarterly through Federal Reserve surveys.
Q: Who uses this economic indicator?
A: Investors, financial analysts, and policymakers track these terms for market insights.
Q: What types of ABS are included?
A: Includes securities backed by credit card receivables and auto loans.
Related Trends
41) Over the Past Three Months, How Have Nonprice Terms Incorporated in New or Renegotiated Otc Derivatives Master Agreements Put in Place with Your Institution's Client Changed?| D. Triggers and Covenants. | Answer Type: Tightened Considerably
ALLQ41DTCNR
46) Over the Past Three Months, How Have Initial Margin Requirements Set by Your Institution with Respect to Otc Credit Derivatives Referencing Securitized Products (Such as Specific Abs or Mbs Tranches and Associated Indexes) Changed?| B. Initial Margin Requirements for Most Favored Clients, as a Consequence of Breadth, Duration, And/or Extent of Relationship. | Answer Type: Decreased Considerably
ALLQ46BDCNR
25) To the Extent That the Price or Nonprice Terms Applied to Insurance Companies Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 23 and 24), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 3. Adoption of Less-Stringent Market Conventions (That is, Collateral Terms and Agreements, Isda Protocols). | Answer Type: First in Importance
ALLQ25B3MINR
66) Over the Past Three Months, How Have the Terms Under Which Non-Agency Rmbs Are Funded Changed?| A. Terms for Average Clients | 3. Haircuts. | Answer Type: Tightened Considerably
ALLQ66A3TCNR
19) To the Extent That the Price or Nonprice Terms Applied to Mutual Funds, Etfs, Pension Plans, and Endowments Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 17 and 18), What Are the Most Important Reasons for the Change?| A. Possible Reasons for Tightening | 6. Worsening in General Market Liquidity and Functioning. | Answer Type: 2nd Most Important
ALLQ19A62MINR
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 Considerably
ALLQ74A3TCNR
Citation
U.S. Federal Reserve, Consumer ABS Funding Terms (SFQ74B3ESNR), retrieved from FRED.