On November 25, 2008, the FRBNY began extending credit to Maiden Lane III LLC, a company formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of AIG had written credit default swap (CDS) contracts. This table reports the fair value of the CDOs held by the LLC, the outstanding principal amount of the loan extended by the Federal Reserve Bank of New York, the accrued interest payable to the Federal Reserve Bank of New York, and the outstanding principal amount and accrued interest on the loan payable to American International Group, Inc. Because this LLC is consolidated onto the balance sheet of the FRBNY, the loan from the FRBNY to the LLC is not on the balance sheet. The loan extended by the FRBNY is secured by the portfolio of assets held by the LLC. Return