For Release 4:15 Table I August 07, 2008 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 30, 2008 (Daily Average Figures; In Millions of Dollars) U.S. Government Securities Outright Transactions Change from Previous Week With Inter-Dealer Brokers 218,873 -4,282 With Others 297,584 2,937 TOTAL 516,457 -1,344 Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) With Inter-dealer Brokers 5,974 -1,667 With Others 89,358 -3,173 TOTAL 95,332 -4,840 Mortgage-backed Securities With Inter-dealer Brokers 78,113 19,756 With Others 150,119 -15,664 TOTAL 228,232 4,092 Corporate Securities With Inter-dealer Brokers 475 40 With Others 157,445 -9,460 TOTAL 157,920 -9,420 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 August 07, 2008 Primary Dealer Transactions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities1,2,3 For week ended July 30, 2008 (Daily Average Figures; In Millions of Dollars) Type of Security Outright Transactions Change from Previous Week U.S. Government Securities Treasury Bills 63,849 870 Coupon Securities due in 3 years or less 180,937 -7,689 due in more than 3 years but less than or equal to 6 years 156,891 19,582 due in more than 6 years but less than or equal to 11 years 85,834 -12,015 due in more than 11 years 21,355 778 Treasury Inflation Index Securities (TIIS) 7,591 -2,870 Total U.S. Government Securities 516,457 -1,344 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 81,732 -1,209 Coupon Securities due in 3 years or less 7,970 -3,053 due in more than 3 years but less than or equal to 6 years 3,189 -646 due in more than 6 years but less than or equal to 11 years 1,856 -2 due in more than 11 years 586 70 Total Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed securities) 95,332 -4,840 Mortgage-backed Securities 228,232 4,092 Corporate Securities due in 1 year or less 145,729 -8,324 due in more than 1 year 12,192 -1,096 Total Corporate Securities 157,920 -9,420 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 August 07, 2008 Primary Dealer Positions in U.S. Government, Federal Agency, Government Sponsored Enterprise, Mortgage-backed, and Corporate Securities1,2 As-of close of Trading July 30, 2008 (In Millions of Dollars) Type of Security Net Outright Position Change from Previous Week U.S. Government Securities Treasury Bills -9,778 -175 Coupon Securities due in 3 years or less -33,898 -12,112 due in more than 3 years but less than or equal to 6 years -22,506 6,934 due in more than 6 years but less than or equal to 11 years -29,084 -1,957 due in more than 11 years 586 1,332 Treasury Inflation Index Securities (TIIS) 6,299 -328 Total U.S. Government Securities -88,381 -6,306 Federal Agency and Government Sponsored Enterprise Securities Discount Notes 60,737 3,470 Coupon Securities due in 3 years or less 81,134 730 due in more than 3 years but less than or equal to 6 years 2,716 -1,807 due in more than 6 years but less than or equal to 11 years 6,186 396 due in more than 11 years 8,757 1,125 Total Federal Agency and Government Sponsored Enterprise Securities (excluding Mortgage-backed Securities) 159,530 3,914 Mortgage-backed Securities 62,980 2,365 Corporate Securities due in 1 year or less 46,666 2,193 due in more than 1 year 132,535 -2,911 Total Corporate Securities 179,201 -718 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. G For Release 4:15 Table IV August 07, 2008 Financing by Primary U.S. Government Securities Dealers1,2,3 Amount Outstanding as of July 30, 2008 (In Millions of Dollars) Type of Financing Overnight & Contin Term Agreements Total Change From Previous Week Securities In U.S. Treasury Securities 1,409,121 1,161,438 2,570,559 -82,233 Federal Agency and Government Sponsored Enterprise Securities 279,422 324,539 603,961 2,119 Mortgage-backed Securities 229,168 426,278 655,446 7,333 Corporate Securities 114,699 64,358 179,057 -2,292 Securities Out U.S. Treasury Securities 1,411,941 955,729 2,367,670 -62,393 Federal Agency and Government Sponsored Enterprise Securities 468,242 250,827 719,069 7,756 Mortgage-backed Securities 793,559 216,001 1,009,560 -27,658 Corporate Securities 287,484 68,436 355,920 -10,283 Memorandum Reverse Repurchase Agreements 1,073,837 1,562,770 2,636,607 -90,809 Repurchase Agreements 2,592,537 1,396,396 3,988,933 -78,919 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 overnment Securities Dealer Statistics Unit, Federal Reserve Bank of New York For Release 4:15 Table V August 07, 2008 Fails by Primary U.S. Government Securities Dealers1,2 For week ended July 30, 2008 (In Millions of Dollars) Type of Security3 Fails to ReceiChange from PFails to DeliChange from Previous Week U.S. Treasury Securities 35,553 2,577 24,404 4,748 Federal Agency and Government Sponsored Enterprise Securities 7,491 -13,327 8,247 -12,838 Mortgage-backed Securities5 26,124 -15,248 25,204 -11,612 Corporate Securities 19,910 3,736 19,997 726 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