For Release 4:15 Table I May 16, 2013 Primary Dealer Transactions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securit State and Municipal Government Obligations, and Asset-backed Securities by Type of Counterparty1,2 For week ended May 08, 2013 (Daily Average Figures; In Millions of Dollars) U.S. Government Securities (excl TIPS) Outright Transactions Change from Previous Week With Inter-Dealer Brokers 208,387 1,928 With Others 291,199 -5,408 TOTAL 499,586 -3,481 U.S. Treasury Inflation-Protected Securities With Inter-dealer Brokers 3,040 -468 With Others 8,929 -3,560 TOTAL 11,969 -4,028 Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) With Inter-dealer Brokers 2,469 80 With Others 42,443 2,624 TOTAL 44,912 2,704 Mortgage-backed Securities With Inter-dealer Brokers 111,936 44,756 With Others 379,364 204,367 TOTAL 491,299 249,123 Corporate Securities With Inter-dealer Brokers 1,120 -12 With Others 131,659 11,721 TOTAL 132,779 11,709 State and Municipal Government Obligations With Inter-dealer Brokers 26 -12 With Others 8,059 -398 TOTAL 8,084 -411 Asset-backed Securities With Inter-dealer Brokers 70 17 With Others 3,387 -193 TOTAL 3,457 -176 Notes: 1. The figures represent purchases and sales in the market by the primary U.S. government securities dealers reporting to the Fe Outright transactions include all U.S. government, federal agency, government sponsored enterprise, mortgage-backed, corporate securiti state and municipal government obligations, and asset-backed securities scheduled for immediate and forward delivery, as well as U.S. g traded on a "when-issued" basis between the announcement and issue date. Data do not include transactions under repurchase and reverse 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 http://www.newyorkfed.org/markets/primarydealers.html. FRBNY expects primary dealers to submit accurate data, but FRBNY does not itsel 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 May 16, 2013 Primary Dealer Transactions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities, State and Municipal Government Obligations, and Asset-backed Securities1,2,3 For week ended May 08, 2013 (Daily Average Figures; In Millions of Dollars) Type of Security Outright Transactions Change from Previous Week U.S. Government Securities (excl TIPS) Treasury Bills 65,571 -18,159 Coupon Securities due in less than or equal to 2 years 63,041 -5,564 due in more than 2 years but less than or equal to 3 years 57,747 3,699 due in more than 3 years but less than or equal to 6 years 121,375 -326 due in more than 6 years but less than or equal to 7 years 33,123 -15,566 due in more than 7 years but less than or equal to 11 years 121,557 36,266 due in more than 11 years 37,172 -3,830 U.S. Treasury Inflation-Protected Securities (TIPS) due in less than or equal to 2 years 3,058 194 due in more than 2 years but less than or equal to 6 years 3,356 -3,267 due in more than 6 years but less than or equal to 11 years 3,950 -179 due in more than 11 years 1,606 -775 Total U.S. Government Securities 511,555 -7,509 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 35,631 4,224 Coupon Securities 9,281 -1,520 Total Federal Agency and Government Sponsored Enterprise Securities 44,912 2,704 (excluding Mortgage-backed securities) Mortgage-backed Securities Federal Agency and GSE MBS Federal Agency and GSE Residential Pass-through MBS Cash transactions 322,016 152,657 Dollar roll transactions 162,102 95,931 All Other Federal Agency and GSE Residential MBS 3,781 985 Federal Agency and GSE CMBS 350 -365 Non-Agency MBS Non-Agency Residential MBS 1,823 26 Other CMBS 1,226 -112 Total Mortgage-backed Securities 491,299 249,123 Corporate Securities Commercial paper 106,948 11,580 Investment grade bonds, notes, and debentures due in less than or equal to 13 months 2,717 -361 due in more than 13 months 13,908 -1,594 Below investment grade bonds, notes, and debentures 9,206 2,085 Total Corporate Securities 132,779 11,709 State and Municipal Government Obligations State and Municipal Government Obligations due in less than or equal to 13 months 2,175 1,212 due in more than 13 months 3,867 -1,286 Variable rate demand notes 2,043 -337 Total State and Municipal Government Obligations 8,084 -411 Asset-backed Securities Credit card-backed securities 130 -86 Student loan-backed securities 199 -343 Automobile loan-backed securities 328 119 Other asset-backed securities 2,801 136 Total Asset-backed securities 3,457 -176 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, corporate securities, state and municipal government obligations, and asset-backed 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. Outright TIPS 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 May 16, 2013 Primary Dealer Positions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities, State and Municipal Government Obligations, and Asset-backed Securities1,2 As-of close of Trading May 08, 2013 (In Millions of Dollars) Type of Security Net Outright Position Change from Previous Week U.S. Government Securities (excl TIPS) Treasury Bills 45,659 49 Coupon Securities due in less than or equal to 2 years 51,075 2,136 due in more than 2 years but less than or equal to 3 years 8,762 8,084 due in more than 3 years but less than or equal to 6 years 20,752 334 due in more than 6 years but less than or equal to 7 years -9,459 -2,227 due in more than 7 years but less than or equal to 11 years -19,107 2,495 due in more than 11 years 12,453 -3,066 U.S. Treasury Inflation-Protected Securities (TIPS) due in less than or equal to 2 years 3,762 -761 due in more than 2 years but less than or equal to 6 years 453 -655 due in more than 6 years but less than or equal to 11 years 1,728 219 due in more than 11 years 223 317 Total U.S. Government Securities 116,301 6,925 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 14,697 -3,987 Coupon Securities 46,161 1,714 Total Federal Agency and Government Sponsored Enterprise Securities 60,858 -2,273 (excluding Mortgage-backed securities) Mortgage-backed Securities Federal Agency and GSE MBS Federal Agency and GSE Residential Pass-through MBS 40,675 5,289 All Other Federal Agency and GSE Residential MBS 44,807 -1,298 Federal Agency and GSE CMBS 8,953 155 Non-Agency MBS Non-Agency Residential MBS 12,957 530 Other CMBS 13,750 195 Total Mortgage-backed Securities 121,142 4,871 Corporate Securities Commercial paper 13,091 2,322 Investment grade bonds, notes, and debentures due in less than or equal to 13 months 2,728 -538 due in more than 13 months 12,786 954 Below investment grade bonds, notes, and debentures 6,353 723 Total Corporate Securities 34,958 3,461 State and Municipal Government Obligations State and Municipal Government Obligations due in less than or equal to 13 months 3,197 225 due in more than 13 months 15,291 -521 Variable rate demand notes 4,113 499 Total State and Municipal Government Obligations 22,601 203 Asset-backed Securities Credit card-backed securities 919 -85 Student loan-backed securities 5,868 -392 Automobile loan-backed securities 2,988 -36 Other asset-backed securities 8,051 -380 Total Asset-backed securities 17,826 -893 Notes: 1. The net outright position includes all U.S. government, federal agency, government sponsored enterprise, mortgage-backed, corporate securities, state and municipal government obligations, and asset-backed 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 May 16, 2013 Financing by Primary U.S. Government Securities Dealers1,2,3 Amount Outstanding as of May 08, 2013 (In Millions of Dollars) Type of Financing Overnight & CTerm AgreemenTerm Agreemen Total Change From Previous Week Securities In Reverse Repurchase Agreements U.S. Treasury Securities (excluding T 659,844 253,795 364,770 1,278,409 -21,356 U.S Treasury Inflation-Protected Secu 55,628 28,485 48,942 133,055 3,109 Federal Agency and GSE Securities (ex 26,910 10,651 31,119 68,680 -912 Federal Agency and GSE MBS 75,835 40,906 375,917 492,658 17,587 Corporate Debt 7,337 1,160 9,970 18,467 -293 Equities 1,693 0 * * * Other 10,977 4,110 43,140 58,227 3,747 Other Financing Activity, Securities Borrowed U.S. Treasury Securities (excluding T 249,025 6,781 120,301 376,107 -4,873 U.S Treasury Inflation-Protected Secu 35,698 * 18,273 * * Federal Agency and GSE Securities (ex 21,023 320 5,031 26,374 708 Federal Agency and GSE MBS 1,676 * 7,234 * * Corporate Debt 51,728 409 2,088 54,225 1,408 Equities 122,883 * 2,862 * * Other 3,279 * * 4,601 -58 Total Securities In (Reverse Repo + Securities Borrowed) U.S. Treasury Securities (excluding T 908,869 260,576 485,071 1,654,516 -26,229 U.S Treasury Inflation-Protected Secu 91,326 * 67,215 * * Federal Agency and GSE Securities (ex 47,933 10,971 36,150 95,054 -204 Federal Agency and GSE MBS 77,511 * 383,151 * * Corporate Debt 59,065 1,569 12,058 72,692 1,115 Equities 124,576 * * 127,465 -1,561 Other 14,256 * * 62,828 3,689 Securities Out Repurchase Agreements U.S. Treasury Securities (excluding T 1,102,301 192,381 258,746 1,553,428 -12,790 U.S Treasury Inflation-Protected Secu 90,342 37,691 40,093 168,126 1,710 Federal Agency and GSE Securities (ex 102,542 19,721 15,485 137,748 -5,447 Federal Agency and GSE MBS 404,032 138,838 147,543 690,413 13,476 Corporate Debt 42,293 2,138 25,226 69,657 778 Equities 15,342 0 39,827 55,169 * Other 55,532 2,180 47,371 105,083 2,294 Other Financing Activity, Securities Lent U.S. Treasury Securities (excluding T 76,595 0 7,459 84,054 4,151 U.S Treasury Inflation-Protected Secu 13,120 0 * * * Federal Agency and GSE Securities (ex 2,559 0 * * * Federal Agency and GSE MBS 25,951 * 55,574 * * Corporate Debt 20,323 8 4,390 24,721 * Equities 156,639 736 12,287 169,662 -328 Other 292 * 4,607 * * Total Securities Out (Repo + Securities Lent) U.S. Treasury Securities (excluding T 1,178,896 192,381 266,205 1,637,482 -8,639 U.S Treasury Inflation-Protected Secu 103,462 37,691 * * * Federal Agency and GSE Securities (ex 105,101 19,721 * * * Federal Agency and GSE MBS 429,983 * 203,117 * * Corporate Debt 62,616 2,146 29,616 94,378 * Equities 171,981 736 52,114 224,831 * Other 55,824 * 51,978 * * 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, corporate securities, equities, and other collateral. 2. Financing transactions for Treasury inflation-Protected Securities (TIPS) are reported in actual funds paid or received, except for pledged securities. TIPS 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 May 16, 2013 Fails by Primary U.S. Government Securities Dealers1,2 For week ended May 08, 2013 (In Millions of Dollars) Aggregate Fails Type of Security Fails to ReceivChange from PreFails to DeliveChange from Previous Week U.S. Treasury Securities (excluding TIPS) 51,546 21,836 46,780 19,750 U.S. Treasury Inflation-Protected Securities (TIPS 4,465 -558 3,590 -924 Federal Agency and GSE Securities (excluding MBS) 6,572 -165 8,472 -2,028 Federal Agency and GSE Mortgage-backed Securities4 36,580 -30,358 44,504 -34,704 Other Mortgage-backed Securities 2,252 -537 1,697 -633 Corporate Securities 9,899 2,043 16,304 2,052 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. 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. 4. 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 For Release 4:15 Table VI May 16, 2013 Primary Dealer Positions, Transactions, Financing, and Fails of Specific Issues of U.S. Government Securities by Primary U.S. Government Securities Dea For week ended May 08, 2013 (In Millions of Dollars) Treasury Coupon Securities Treasury Inflation-Protected Secu Type of Security 2 year 3 year 5 year 7 year 10 year 30 year 5 year 10 year 30 year Cumulative Outright Transactions, with In 66,988 99,098 193,936 65,554 229,141 54,122 2,659 5,350 235 Change from Previous Week -2,825 3,227 24,180 -15,501 70,924 4,380 -4,459 -22,068 -9,234 Cumulative Outright Transactions, with ot 79,309 103,786 228,209 70,949 263,668 63,797 5,369 7,646 970 Change from Previous Week -1,735 16,592 47,441 -32,059 90,950 10,523 -17,667 -32,193 -9,073 Net Settled Position 1,327 -5,855 -5,088 1,928 -19,180 127 1,010 842 -424 Change from Previous Week 2,311 6,705 -5,788 -892 1,282 850 -1,392 189 -134 ON/open, Specific Transactions,Securities 22,974 27,633 22,290 14,341 52,815 11,976 2,379 5,314 933 Change from Previous Week 2,479 -751 891 1,329 3,194 -884 210 834 -174 Term, Specific Transactions,Securities In 11,945 9,699 10,414 2,069 37,279 10,661 1,666 1,368 624 Change from Previous Week 3,642 -747 5,763 402 797 128 -406 367 108 ON/open, General Transactions, Securities 2,183 293 3,061 367 1,164 4,062 188 417 159 Change from Previous Week -2,015 -2,228 1,038 -293 -297 1,192 141 230 -31 Term, General Transactions, Securities In 0 * * 0 * * 0 * * Change from Previous Week 0 * * 0 * * 0 * * ON/open, Specific Transactions, Securitie 24,457 25,661 25,291 11,299 40,567 10,359 2,094 3,389 388 Change from Previous Week 9,546 4,062 2,756 -983 -75 -718 -10 499 -1 Term, Specific Transactions, Securities O 6,981 4,059 2,535 2,507 29,192 7,644 299 691 * Change from Previous Week 3,856 1,499 1,414 1,181 5,033 1,580 -183 86 * ON/open, General Transactions, Securities 6,580 1,810 2,596 4,672 4,198 7,917 2,518 3,624 771 Change from Previous Week -6,874 -2,365 -2,388 205 -289 -156 -760 1,269 -176 Term, General Transactions, Securities Ou * 207 194 90 1,254 713 * * * Change from Previous Week * -118 * 13 773 404 * * * Fails to Receive 6 27 103 0 98 * 0 0 * Change from Previous Week * -109 -70 * -281 * -50 0 * Fails to Deliver * * 59 0 33 13 0 0 0 Change from Previous Week * * -31 * -161 -1 -17 -25 0 Notes: 1. These reports are based on data voluntarily submitted by primary dealers to the Federal Reserve Bank of New York (FRBNY) pursuant to forms a 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