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Statistical Supplement | March 2004

Statistical Supplement to the Federal Reserve Bulletin, March 2004
1.17  Federal Reserve Open Market Transactions1
Millions of dollars
Type of transaction and maturity 2000 2001 2002 2003
May June July Aug Sept Oct Nov
U.S. Treasury Securities2  
  Outright transactions  
  Treasury bills  
1 Gross purchases 8,676 15,503 21,421 1,684 1,032 808 981 780 880 925
2 Gross sales 0 0 0 0 0 0 0 0 0 0
3 Exchanges 477,904 542,736 657,931 76,354 60,706 68,544 56,098 60,835 75,566 56,871
4 For new bills 477,904 542,736 657,931 76,354 60,706 68,544 56,098 60,835 75,566 56,871
5 Redemptions 24,522 10,095 0 0 0 0 0 0 0 0
  Others within one year  
6 Gross purchases 8,809 15,663 12,720 786 0 0 0 0 0 2,561
7 Gross sales 0 0 0 0 0 0 0 0 0 0
8 Maturity shifts 62,025 70,336 89,108 0r 14,759r 6,662 0r 20,174r 5,435 0
9 Exchanges -54,656 -72,004 -92,075 0r -13,699r -4,996 0r -21,901r -6,368 0
10 Redemptions 3,779 16,802 0 0 0 0 0 0 0 0
  One to five years  
11 Gross purchases 14,482 22,814 12,748 1,057 0 0 0 0 1,447 1,503
12 Gross sales 0 0 0 0 0 0 0 0 0 0
13 Maturity shifts -52,068 -45,211 -73,093 0r -9,044r -6,662 0r -16,820r -5,435 0
14 Exchanges 46,177 64,519 88,276 0r 13,447r 4,996 0r 19,386r 6,368 0
  Five to ten years  
15 Gross purchases 5,871 6,003 5,074 234 0 0 0 1,232 280 787
16 Gross sales 0 0 0 0 0 0 0 0 0 0
17 Maturity shifts -6,801 -21,063 -11,588 0r -5,463r 0 0r 2,202r 0 0
18 Exchanges 6,585 6,063 3,800 0r 252r 0 0r 2,515r 0 0
  More than ten years  
19 Gross purchases 5,833 8,531 2,280 0 0 0 0 150 0 0
20 Gross sales 0 0 0 0 0 0 0 0 0 0
21 Maturity shifts -3,155 -4,062 -4,427 0r -252r 0 0r -5,556r 0 0
22 Exchanges 1,894 1,423 0 0 0 0 0 0 0 0
  All maturities  
23 Gross purchases 43,670 68,513 54,242 3,761 1,032 808 981 2,162 2,608 5,775
24 Gross sales 0 0 0 0 0 0 0 0 0 0
25 Redemptions 28,301 26,897 0 0 0 0 0 0 0 0
 
26 Net change in U.S. Treasury securities 15,369 41,616 54,242 3,761 1,032 808 981 2,162 2,608 5,775
 
Federal Agency Obligations  
  Outright transactions  
27 Gross purchases 0 0 0 0 0 0 0 0 0 0
28 Gross sales 0 0 0 0 0 0 0 0 0 0
29 Redemptions 51 120 0 0 0 0 0 0 0 0
 
30 Net change in federal agency obligations -51 -120 0 0 0 0 0 0 0 0
 
Temporary Transactions  
  Repurchase agreements3  
31 Gross purchases 890,236 1,497,713 1,143,126 124,741 90,500 145,750 156,250 122,500 157,750 122,500
32 Gross sales 987,501 1,490,838 1,153,876 132,002 88,990 148,500 150,250 120,000 169,250 115,500
 
  Matched sale-purchase agreements  
33 Gross purchases 4,415,905 4,722,667 4,981,624 0 0 0 0 0 0 0
34 Gross sales 4,397,835 4,724,743 4,958,437 0 0 0 0 0 0 0
 
  Reverse repurchase agreements4  
35 Gross purchases 0 0 231,272 441,555 456,652 445,346 410,913 421,973 427,913 336,765
36 Gross sales 0 0 252,363 443,025 456,447 443,093 411,276 426,766 422,259 336,216
 
37 Net change in temporary transactions -79,195 4,800 -8,653 -8,731 1,715 -497 5,637 -2,293 -5,846 7,549
 
38 Total net change in System Open Market Account -63,877 46,295 45,589 -4,971 2,746 311 6,617 -131 -3,238 13,324

1. Sales, redemptions, and negative figures reduce holdings of the System Open Market Account; all other figures increase such holdings.   Return to table

2. 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

3. Cash value of agreements, which are collateralized by U.S. government and federal agency obligations.   Return to table

4. Cash value of agreements, which are collateralized by U.S. Treasury securities.   Return to table

Statistical Supplement | March 2004 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: May 18, 2005