The Federal Reserve Banks of Dallas and New York have started a voluntary pilot survey examining credit availability and lending standards in the U.S. private credit direct lending market. Aggregate findings will be released in the first quarter of 2027 and will not be used for supervisory purposes.
The Federal Reserve Banks of Dallas and New York have launched a pilot survey of lending trends in the U.S. private credit direct lending market. It will examine credit availability and provision, changes in lending standards and their implications for the U.S. economy.
The survey addresses limited visibility into new lending activity as private credit has grown. Participation is voluntary, and the findings will not be used for supervisory purposes. Aggregate findings will be published in the first quarter of 2027.
The Federal Reserve Banks of Dallas and New York issued FAQs on their forthcoming voluntary survey of the U.S. private credit direct lending market. The survey is expected to launch after the third quarter of 2026, with aggregate findings anticipated in the first quarter of 2027.