Annual Report 2015
| 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 up to 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 | -2 | 0 | -450 | -1,448 | 0 | 0 | -1,287 | 0 | 0 | -326 | 0 | -3,513 |
| Redemptions | 1 | 0 | 2 | 1 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 8 |
| Over 1 to 5 years | |||||||||||||
| 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 | 1 | 0 | 344 | 543 | 0 | 0 | 482 | 0 | 0 | 122 | 0 | 1,492 |
| Over 5 to 10 years | |||||||||||||
| 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 | 1 | 0 | 106 | 543 | 0 | 0 | 482 | 0 | 0 | 122 | 0 | 1,255 |
| More than 10 years | |||||||||||||
| 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 | 1 | 0 | 0 | 362 | 0 | 0 | 322 | 0 | 0 | 82 | 0 | 766 |
| All maturities | |||||||||||||
| 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 | 0 | 2 | 1 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 8 |
| Net change in U.S. Treasury securities | -1 | 0 | -2 | -1 | 0 | -1 | -1 | 0 | -1 | 0 | 0 | 0 | -8 |
| 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 | 1,089 | 711 | 0 | 982 | 0 | 0 | 802 | 0 | 0 | 947 | 1,202 | 0 | 5,733 |
| Net change in federal agency obligations | -1,089 | -711 | 0 | -982 | 0 | 0 | -802 | 0 | 0 | -947 | -1,202 | 0 | -5,733 |
| Mortgage-backed securities 3 | |||||||||||||
| Net settlements2 | |||||||||||||
| Net change in mortgage-backed securities | 1,844 | 1,547 | -8,297 | -13,067 | 3,574 | 9,621 | 2,789 | 1,806 | 4,584 | 2,859 | 697 | 2,672 | 10,629 |
| Total net change in securities holdings 4 | 755 | 835 | -8,298 | -14,050 | 3,574 | 9,620 | 1,986 | 1,805 | 4,583 | 1,912 | -505 | 2,672 | 4,888 |
| Temporary transactions | |||||||||||||
| Repurchase agreements 5 | |||||||||||||
| Gross purchases | 0 | 0 | 0 | 0 | 840 | 0 | 0 | 0 | 0 | 0 | 0 | 590 | 1,430 |
| Gross sales | 0 | 0 | 0 | 0 | 840 | 0 | 0 | 0 | 0 | 0 | 0 | 590 | 1,430 |
| Reverse repurchase agreements5 | |||||||||||||
| Gross purchases | 5,084,722 | 4,966,806 | 5,184,737 | 5,571,299 | 5,180,212 | 5,710,637 | 6,385,427 | 5,169,677 | 5,313,442 | 6,815,533 | 5,689,191 | 7,224,426 | 68,296,108 |
| Gross sales | 4,890,590 | 4,991,115 | 5,381,581 | 5,325,287 | 5,205,940 | 5,952,229 | 6,126,536 | 5,193,423 | 5,631,503 | 6,600,318 | 5,603,092 | 7,597,059 | 68,498,672 |
| Net change in temporary transactions | 194,132 | -24,310 | -196,844 | 246,012 | -25,728 | -241,592 | 258,892 | -23,746 | -318,061 | 215,215 | 86,099 | -372,633 | -202,564 |
Note: Purchases of Treasury securities and federal agency obligations increase securities holdings; sales and redemptions of these securities decrease securities holdings. Exchanges occur when the Federal Reserve rolls the proceeds of maturing securities into newly issued securities, and so exchanges do not affect total securities holdings. Positive net settlements of mortgage-backed securities increase securities holdings, while negative net settlements of these securities decrease securities holdings. Components may not sum to totals because of rounding. See 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. The maturity distributions of exchanged Treasury securities are based on the announced maturity of new securities rather than actual day counts. 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. The net change in securities holdings reflects the settlements of purchases, reinvestments, sales, and maturities of portfolio securities. Return to table
5. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Return to table
