Annual Report 2014

Statistical Table 1

Table 1. Federal Reserve open market transactions, 2014
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
Exchanges 0 -295 0 0 0 -37 -40 0 -5 0 -88 0 -464
Redemptions 1 1 1 2 0 1 0 2 1 1 0 1 10
1 to 5 years
Gross purchases 2,477 8,790 3,738 6,688 3,224 5,711 3,790 2,965 3,210 2,161 0 0 42,754
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 90 0 0 0 12 14 0 1 0 35 0 152
5 to 10 years
Gross purchases 20,474 19,593 19,662 13,731 13,415 11,291 9,203 7,255 6,770 4,578 0 0 125,972
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 180 0 0 0 25 21 0 3 0 0 0 228
More than 10 years
Gross purchases 13,019 10,349 12,296 9,716 7,064 8,318 6,280 6,154 4,757 3,262 0 0 81,215
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Exchanges 0 25 0 0 0 0 5 0 0 0 53 0 84
All maturities
Gross purchases 35,970 38,732 35,696 30,135 23,703 25,320 19,273 16,374 14,737 10,001 0 0 249,941
Gross sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Redemptions 1 1 1 2 0 1 0 2 1 1 0 1 10
Net change in U.S. Treasury securities 35,969 38,731 35,695 30,133 23,703 25,319 19,273 16,372 14,736 10,000 0 -1 249,931
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 2,310 3,500 4,068 2,378 883 423 1,532 565 1,556 306 1,023 0 18,544
Net change in federal agency obligations -2,310 -3,500 -4,068 -2,378 -883 -423 -1,532 -565 -1,556 -306 -1,023 0 -18,544
Mortgage-backed securities 3
Net settlements2
Net change in mortgage-backed securities 42,066 37,866 33,014 28,767 16,108 15,917 10,463 3,949 18,112 21,471 11,906 7,031 246,671
Temporary transactions
Repurchase agreements 4
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
Reverse repurchase agreements4
Gross purchases 3,888,403 3,793,139 3,714,026 4,734,608 6,327,094 4,466,710 5,185,940 5,094,880 5,542,761 5,626,645 4,219,033 4,087,951 56,681,190
Gross sales 3,776,234 3,805,923 3,838,511 4,719,082 6,278,279 4,646,528 4,996,369 5,105,118 5,675,723 5,512,078 4,200,731 4,320,526 56,875,104
Net change in temporary transactions 112,169 -12,784 -124,485 15,525 48,815 -179,818 189,571 -10,239 -132,962 114,567 18,301 -232,575 -193,913
Total net change in System Open Market Account 187,894 60,313 -59,844 72,048 87,743 -139,005 217,775 9,518 -101,670 145,732 29,185 -225,544 284,144

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. Please reference table 2 of the H.4.1 release (www.federalreserve.gov/releases/h41/) for the maturity distribution of the securities.

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 17, 2015