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NY Fed received $252 million in loan requests in first subscription for TALF

NEW YORK, June 17 (Reuters) - The New York Federal Reserve said it received $252 million in loan requests in the first subscription for the term asset-backed securities loan facility on Wednesday.

Read more about the loan requests, by category, on the New York Fed's website https://www.newyorkfed.org/markets/term-asset-backed-securities-loan-facility/term-asset-backed-securities-loan-facility-rates. (Reporting by Jonnelle Marte Editing by Chris Reese)