NEW YORK (Reuters) - The Federal Reserve's balance sheet shrank in the latest week with reduced holdings of Treasuries and agency mortgage-backed securities, Fed data released on Friday showed.
The Fed's balance sheet - a broad gauge of its lending to the financial system - stood at $2.834 trillion on November 28, down from $2.853 trillion on November 21.
The Fed's holdings of Treasuries totaled $1.647 trillion as of Wednesday compared with $1.650 trillion the previous week.
The Fed's ownership of mortgage bonds guaranteed by Fannie Mae
The Fed's holdings of debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Bank system was $79.28 billion, unchanged from a week earlier.
The Fed's overnight direct loans to credit-worthy banks via its discount window averaged $11 million a day during the week from a $5 million a day average rate the prior week.
(Reporting by Chris Reese; Editing by Chizu Nomiyama)
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