For Release 4:15 Table I July 22, 2010 Primary Dealer Transactions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities by Type of Counterparty1,2 For week ended July 14, 2010 (Daily Average Figures; In Millions of Dollars) U.S. Government Securities Outright Transactions Change from Previous Week With Inter-Dealer Brokers 184,979 12,509 With Others 261,728 6,456 TOTAL 446,708 18,965 Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) With Inter-dealer Brokers 4,713 735 With Others 69,809 12,657 TOTAL 74,521 13,392 Mortgage-backed Securities With Inter-dealer Brokers 113,067 20,651 With Others 281,354 60,413 TOTAL 394,421 81,064 Corporate Securities With Inter-dealer Brokers 891 349 With Others 104,867 1,832 TOTAL 105,757 2,181 Notes: 1. The figures represent purchases and sales in the market by the primary U.S. government securities dealers reporting to the Federal Reserve Bank of New York. Outright transactions include all U.S. government, federal agency, government sponsored enterprise, mortgage-backed, and corporate securities scheduled for immediate and forward delivery, as well as U.S. government securities traded on a "when-issued" basis between the announcement and issue date. Data do not include transactions under repurchase and reverse repurchase (resale) agreements. Averages are based on the number of trading days in the week. 2. These reports are based on data voluntarily submitted by primary dealers to the Federal Reserve Bank of New York (FRBNY) pursuant to forms and instructions available at: http://www.newyorkfed.org/markets/primarydealers.html. FRBNY expects primary dealers to submit accurate data, but FRBNY does not itself audit the data. Figures may not add due to rounding. Data may reflect revisions since prior publication. Government Securities Dealer Statistics Unit, Federal Reserve Bank of New York For Release 4:15 Table II July 22, 2010 Primary Dealer Transactions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities1,2,3 For week ended July 14, 2010 (Daily Average Figures; In Millions of Dollars) Type of Security Outright Transactions Change from Previous Week U.S. Government Securities Treasury Bills 69,385 -18,021 Coupon Securities due in 3 years or less 145,446 28,774 due in more than 3 years but less than or equal to 6 years 82,648 -1,985 due in more than 6 years but less than or equal to 11 years 115,108 7,740 due in more than 11 years 25,601 1,267 Treasury Inflation Index Securities (TIIS) 8,518 1,189 Total U.S. Government Securities 446,708 18,965 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 55,479 9,236 Coupon Securities due in 3 years or less 12,734 2,358 due in more than 3 years but less than or equal to 6 years 4,516 1,415 due in more than 6 years but less than or equal to 11 years 953 292 due in more than 11 years 840 90 Total Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) 74,521 13,392 Mortgage-backed Securities 394,421 81,064 Corporate Securities due in 1 year or less 86,214 -3,076 due in more than 1 year 19,543 5,256 Total Corporate Securities 105,757 2,181 Notes: 1. The figures represent purchases and sales in the market by the primary U.S. government securities dealers reporting to the Federal Reserve Bank of New York. Outright transactions include all U.S. government, federal agency, government sponsored enterprise, mortgage-backed, and corporate securities scheduled for immediate and forward delivery, as well as all U.S. government securities traded on a "when-issued" basis between the announcement and issue date. Data do not include transactions under repurchase and reverse repurchase (resale) agreements. Averages are based on the number of trading days in the week. 2. Outright TIIS transactions are reported at principal value, excluding accrued interest, where principal value reflects the original issuance par amount (unadjusted for inflation) times the price times the index ratio. 3. These reports are based on data voluntarily submitted by primary dealers to the Federal Reserve Bank of New York (FRBNY) pursuant to forms and instructions available at: http://www.newyorkfed.org/markets/primarydealers.html. FRBNY expects primary dealers to submit accurate data, but FRBNY does not itself audit the data. * Data are not published if fewer than three dealers report transactions in this category. Figures may not add due to rounding. Data may reflect revisions since prior publication. Government Securities Dealer Statistics Unit, Federal Reserve Bank of New York For Release 4:15 Table III July 22, 2010 Primary Dealer Positions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities1,2 As-of close of Trading July 14, 2010 (In Millions of Dollars) Type of Security Net Outright Position Change from Previous Week U.S. Government Securities Treasury Bills 19,710 2,668 Coupon Securities due in 3 years or less -17,320 -9,468 due in more than 3 years but less than or equal to 6 years -6,623 -1,663 due in more than 6 years but less than or equal to 11 years 9,556 3,068 due in more than 11 years 9,915 2,192 Treasury Inflation Index Securities (TIIS) 3,378 1,579 Total U.S. Government Securities 18,616 -1,624 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 41,883 -3,887 Coupon Securities due in 3 years or less 54,939 4,582 due in more than 3 years but less than or equal to 6 years 9,208 1,541 due in more than 6 years but less than or equal to 11 years 1,430 -255 due in more than 11 years 3,065 69 Total Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed Securities) 110,525 2,050 Mortgage-backed Securities 47,169 -10,219 Corporate Securities due in 1 year or less 29,006 4,458 due in more than 1 year 77,729 -2,916 Total Corporate Securities 106,735 1,542 Notes: 1. The net outright position includes all U.S. government, federal agency, government sponsored enterprise, mortgage-backed and corporate securities scheduled for immediate and forward delivery, as well as U.S. government securities traded on a "when-issued" basis between the announcement and issue date. 2. These reports are based on data voluntarily submitted by primary dealers to the Federal Reserve Bank of New York (FRBNY) pursuant to forms and instructions available at: http://www.newyorkfed.org/markets/primarydealers.html. FRBNY expects primary dealers to submit accurate data, but FRBNY does not itself audit the data. * Data are not published if fewer than three dealers report positions in this category. Figures may not add due to rounding. Data may reflect revisions since prior publication. Government Securities Dealer Statistics Unit, Federal Reserve Bank of New York For Release 4:15 Table IV July 22, 2010 Financing by Primary U.S. Government Securities Dealers1,2,3 Amount Outstanding as of July 14, 2010 (In Millions of Dollars) Type of Financing Overnight & Contin Term Agreements Total Change From Previous Week Securities In U.S. Treasury Securities 1,058,058 910,421 1,968,479 16,284 Federal Agency and Government Sponsored Enterprise Securities 116,132 109,259 225,391 7,344 Mortgage-backed Securities 105,878 288,130 394,008 -2,012 Corporate Securities 76,262 37,635 113,897 3,142 Securities Out U.S. Treasury Securities 1,206,494 554,271 1,760,765 9,579 Federal Agency and Government Sponsored Enterprise Securities 219,153 69,676 288,829 6,443 Mortgage-backed Securities 461,014 177,316 638,330 34,240 Corporate Securities 106,907 48,280 155,187 -2,346 Memorandum Reverse Repurchase Agreements 874,347 1,177,253 2,051,600 18,823 Repurchase Agreements 1,781,214 794,328 2,575,542 57,383 Notes: 1. Financing data are reported by the primary U.S. government securities dealers reporting to the Federal Reserve Bank of New York. Figures cover financing involving U.S. government, federal agency, government sponsored enterprise, mortgage-backed and corporate securities. 2. Financing transactions for Treasury inflation index securities (TIIS) are reported in actual funds paid or received, except for pledged securities. TIIS that are used as pledged securities are reported at par value, which is the value of the security at original issuance (unadjusted for inflation). 3. These reports are based on data voluntarily submitted by primary dealers to the Federal Reserve Bank of New York (FRBNY) pursuant to forms and instructions available at: http://www.newyorkfed.org/markets/primarydealers.html. FRBNY expects primary dealers to submit accurate data, but FRBNY does not itself audit the data. * Data are not published if fewer than three dealer report financing in this category. Figures may not add due to rounding. Data may reflect revisions since prior publication. Government Securities Dealer Statistics Unit, Federal Reserve Bank of New York For Release 4:15 Table V July 22, 2010 Fails by Primary U.S. Government Securities Dealers1,2 For week ended July 14, 2010 (In Millions of Dollars) Type of Security3 Fails to ReceiChange from PFails to DeliChange from Previous Week U.S. Treasury Securities 36,353 23,729 27,889 20,411 Federal Agency and Government Sponsored Enterprise Securities 28,247 -16,349 29,427 -19,118 Mortgage-backed Securities5 409,434 59,523 451,578 56,490 Corporate Securities 7,873 -909 10,873 -1,944 Notes: 1. Delivery Fails occur when a trade fails to settle on schedule. There are two parties to every fail: one party fails to receive the security (fails to receive) and one party fails to deliver the security (fails to deliver). Outright purchase and sale transactions can result in a fail. Financing transactions (securities borrowed or securities lent, also known as the market for collateral) may also result in a fail. 2. These reports are based on data voluntarily submitted by primary dealers to the Federal Reserve Bank of New York (FRBNY) pursuant to forms and instructions available at: http://www.newyorkfed.org/markets/primarydealers.html. FRBNY expects primary dealers to submit accurate data, but FRBNY does not itself audit the data. 3. Aggregated fails data are aggregated across four distinct securities categories: Treasury Securities, Agency Securities, Mortgage-Backed Securities, and Corporate Securities. While fails are reported separately for these four categories, there is no defined breakdown within each category. For example, fails for Treasury bills are not reported separately from fails for Treasury notes. 4. Fails data reflect cumulative weekly aggregated 'fails to receive' and 'fails to deliver' for the primary dealer community. Aged fails are not reported separately from overall fails. Fails are reported at the amount that was to be paid or received on the day the failed trade was to settle. 5. Fails in Mortgage-Backed securities include 'to be announced' securities where the settlement date is beyond the contractual settlement date. * Data are not published if fewer than three dealer report financing in this category. Figures may not add due to rounding. Data may reflect revisions since prior publication. Government Securities Dealer Statistics Unit, Federal Reserve Bank of New York