Annual Report 2013

Statistical Table 1

Table 1. Federal Reserve open market transactions, 2013
Millions of dollars
Type of security
and transaction		 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Total
U.S. Treasury securities 1
Outright transactions 2
Treasury bills
Gross purchases 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 0 0 0 0 0 0 0 0 0 0 0 0
For new bills 0 0 0 0 0 0 0 0 0 0 0 0 0
Redemptions 0 0 0 0 0 0 0 0 0 0 0 0 0
Others within 1 year
Gross purchases 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturity shifts 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 0 0 0 0 0 0 0 0 0 0 0 0
Redemptions 2 3 1 2 3 2 2 2 2 1 2 1 21
1 to 5 years
Gross purchases 5,468 6,048 4,113 10,342 9,433 12,844 7,487 9,513 8,353 8,297 7,808 7,770 97,476
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturity shifts 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 0 0 0 0 0 0 0 0 0 0 0 0
5 to 10 years
Gross purchases 25,841 24,553 21,398 20,714 21,591 22,987 22,499 21,800 22,698 21,990 22,370 22,806 271,247
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturity shifts 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 0 0 0 0 0 0 0 0 0 0 0 0
More than 10 years
Gross purchases 12,888 14,092 15,544 14,600 13,753 12,606 15,469 14,510 12,607 14,940 15,572 14,755 171,336
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturity shifts 0 0 0 0 0 0 0 0 0 0 0 0 0
Discount notes 0 0 0 0 0 0 0 0 0 0 0 0 0
All maturities
Gross purchases 44,197 44,693 41,055 45,656 44,777 48,437 45,455 45,823 43,658 45,227 45,750 45,331 540,059
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Redemptions 2 3 1 2 3 2 2 2 2 1 2 1 21
Net change in U.S. Treasury securities 44,195 44,690 41,054 45,654 44,774 48,435 45,453 45,821 43,656 45,226 45,748 45,330 540,038
Federal agency obligations
Outright transactions2
Gross purchases 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Redemptions 1,672 1,523 1,165 370 1,163 1,710 2,659 808 5,061 1,572 708 1,151 19,562
Net change in federal agency obligations -1,672 -1,523 -1,165 -370 -1,163 -1,710 -2,659 -808 -5,061 -1,572 -708 -1,151 -19,562
Mortgage-backed securities 3
Net settlements2
Net change in mortgage-backed securities 39,166 50,107 55,011 50,570 43,455 43,162 38,831 44,400 50,724 51,603 46,167 50,304 563,500
Temporary transactions
Repurchase agreements 4
Gross purchases 820 0 0 0 0 1,220 0 0 0 0 0 0 2,040
Gross sales 820 0 0 0 0 1,220 0 0 0 0 0 0 2,040
Reverse repurchase agreements4
Gross purchases 2,000,002 1,725,868 1,962,784 2,094,496 2,001,001 1,811,382 1,970,863 2,074,490 1,930,370 2,401,905 2,028,922 2,727,351 24,729,434
Gross sales 1,982,135 1,733,111 1,971,677 2,091,924 1,997,642 1,812,509 1,966,796 2,078,416 1,992,763 2,369,383 2,032,210 2,915,105 24,943,670
Net change in temporary transactions 17,868 -7,243 -8,894 2,573 3,359 -1,128 4,068 -3,927 -62,393 32,522 -3,287 -187,754 -214,235
Total net change in System Open Market Account 99,557 86,032 86,006 98,427 90,425 88,759 85,694 85,487 26,927 127,779 87,919 -93,271 869,741

Note: Sales, redemptions, and negative figures reduce holdings of the System Open Market Account; all other figures increase such holdings. Components may not sum to totals because of rounding.

1. Transactions exclude changes in compensation for the effects of inflation on the principal of inflation-indexed securities. Transactions include the rollover of inflation compensation into new securities. Return to table

2. Excludes the effect of temporary transactions--repurchase agreements and reverse repurchase agreements. Return to table

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Monthly net change in the remaining principal balance of the securities, reported at face value. Return to table

4. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Return to table

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Last update: July 2, 2014