For Release 4:15 Table I March 18, 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 March 10, 2010 (Daily Average Figures; In Millions of Dollars) U.S. Government Securities Outright Transactions Change from Previous Week With Inter-Dealer Brokers 203,909 5,947 With Others 296,699 5,498 TOTAL 500,608 11,445 Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) With Inter-dealer Brokers 3,252 -261 With Others 70,148 -3,098 TOTAL 73,400 -3,359 Mortgage-backed Securities With Inter-dealer Brokers 102,795 12,926 With Others 277,497 49,970 TOTAL 380,292 62,896 Corporate Securities With Inter-dealer Brokers 1,131 140 With Others 112,971 6,081 TOTAL 114,102 6,222 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 March 18, 2010 Primary Dealer Transactions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities1,2,3 For week ended March 10, 2010 (Daily Average Figures; In Millions of Dollars) Type of Security Outright Transactions Change from Previous Week U.S. Government Securities Treasury Bills 68,500 -1,540 Coupon Securities due in 3 years or less 203,124 48,569 due in more than 3 years but less than or equal to 6 years 92,886 -10,122 due in more than 6 years but less than or equal to 11 years 106,999 -19,742 due in more than 11 years 24,397 -2,891 Treasury Inflation Index Securities (TIIS) 4,701 -2,829 Total U.S. Government Securities 500,608 11,445 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 58,085 688 Coupon Securities due in 3 years or less 10,161 -1,547 due in more than 3 years but less than or equal to 6 years 4,262 -2,405 due in more than 6 years but less than or equal to 11 years 592 -137 due in more than 11 years 299 43 Total Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) 73,400 -3,359 Mortgage-backed Securities 380,292 62,896 Corporate Securities due in 1 year or less 88,028 1,041 due in more than 1 year 26,074 5,181 Total Corporate Securities 114,102 6,222 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 March 18, 2010 Primary Dealer Positions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities1,2 As-of close of Trading March 10, 2010 (In Millions of Dollars) Type of Security Net Outright Position Change from Previous Week U.S. Government Securities Treasury Bills 10,774 6,994 Coupon Securities due in 3 years or less -7,724 3,410 due in more than 3 years but less than or equal to 6 years -2,041 1,429 due in more than 6 years but less than or equal to 11 years 16,934 1,845 due in more than 11 years 107 -2,147 Treasury Inflation Index Securities (TIIS) 1,732 -1,185 Total U.S. Government Securities 19,782 10,346 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 34,001 -3,749 Coupon Securities due in 3 years or less 61,586 2,091 due in more than 3 years but less than or equal to 6 years 6,683 -2,763 due in more than 6 years but less than or equal to 11 years 1,876 49 due in more than 11 years 1,228 -85 Total Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed Securities) 105,374 -4,457 Mortgage-backed Securities 31,769 -986 Corporate Securities due in 1 year or less 24,195 737 due in more than 1 year 88,345 -3,699 Total Corporate Securities 112,540 -2,962 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 March 18, 2010 Financing by Primary U.S. Government Securities Dealers1,2,3 Amount Outstanding as of March 10, 2010 (In Millions of Dollars) Type of Financing Overnight & Contin Term Agreements Total Change From Previous Week Securities In U.S. Treasury Securities 1,040,037 871,347 1,911,384 68,554 Federal Agency and Government Sponsored Enterprise Securities 107,585 108,386 215,971 1,214 Mortgage-backed Securities 136,742 276,661 413,403 -8,811 Corporate Securities 74,361 34,015 108,376 1,507 Securities Out U.S. Treasury Securities 1,037,871 659,940 1,697,811 67,128 Federal Agency and Government Sponsored Enterprise Securities 209,920 76,488 286,408 5,222 Mortgage-backed Securities 480,251 200,588 680,839 -9,203 Corporate Securities 119,408 43,031 162,439 644 Memorandum Reverse Repurchase Agreements 874,681 1,137,564 2,012,245 74,257 Repurchase Agreements 1,693,165 942,736 2,635,901 68,254 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 March 18, 2010 Fails by Primary U.S. Government Securities Dealers1,2 For week ended March 10, 2010 (In Millions of Dollars) Type of Security3 Fails to ReceiChange from PFails to DeliChange from Previous Week U.S. Treasury Securities 17,086 6,701 13,515 5,203 Federal Agency and Government Sponsored Enterprise Securities 20,377 -3,970 23,424 -4,535 Mortgage-backed Securities5 183,074 -33,462 196,956 -31,288 Corporate Securities 8,374 -2,680 11,606 -2,438 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