Annual Report 2010

Table 2. Federal Reserve Bank holdings of U.S. Treasury and federal agency securities, December 31, 2008-10
Millions of dollars

Description	December 31			Change
	2010	2009	2008	2009 to 2010	2008 to 2009
U.S. Treasury securities
Held outright1	1,021,493	776,588	475,921	244,905	300,667
By remaining maturity
Bills
1-90 days	18,423	18,423	153,829	0	-135,406
91 days to 1 year	0	0	74,012	0	-74,012
Notes and bonds
1 year or less	54,253	72,818	85,011	-18,565	-12,193
More than 1 year through 5 years	439,594	326,874	173,328	112,720	153,546
More than 5 years through 10 years	333,955	213,720	97,325	120,235	116,395
More than 10 years	159,072	144,753	101,834	14,319	42,919
By type
Bills	18,423	18,423	18,423	0	0
Notes	773,285	568,323	334,779	204,962	233,544
Bonds	229,786	189,843	122,719	39,943	67,124
Federal agency securities
Held outright2	147,460	159,879	19,708	-12,419	140,171
By remaining maturity
Discount notes
1-90 days	0	0	3,731	0	-3,731
91 days to 1 year	0	0	946	0	-946
Coupons
1 year or less	43,466	24,642	4,707	18,824	19,935
More than 1 year through 5 years	71,050	99,402	11,361	-28,352	88,041
More than 5 years though 10 years	30,597	33,788	3,640	-3,191	30,148
More than 10 years	2,347	2,047	0	300	2,047
By type
Discount notes	0	0	4,677	0	-4,677
Coupons	147,460	159,879	15,031	-12,419	144,848
By issuer
Federal Home Loan Mortgage Corporation	57,515	61,769	9,556	-4,254	52,213
Federal National Mortgage Association	58,568	63,662	7,091	-5,094	56,571
Federal Home Loan Banks	31,377	34,448	3,061	-3,071	31,387
Mortgage-backed securities2
Held outright2	992,141	908,371	0	83,770	908,371
By remaining maturity
1 year or less	0	0	0	0	0
More than 1 year through 5 years	24	12	0	12	12
More than 5 years though 10 years	20	20	0	0	20
More than 10 years	992,097	908,340	0	83,757	908,340
By issuer
Federal Home Loan Mortgage Corporation	346,959	304,964	0	41,995	304,964
Federal National Mortgage Association	547,545	513,398	0	34,147	513,398
Government National Mortgage Association	97,637	90,010	0	7,627	90,010
Temporary transactions
Repurchase agreements3	0	0	80,000	0	-80,000
Reverse repurchase agreements3	59,703	77,732	88,352	-18,029	-10,620
Foreign official and international accounts	59,703	77,732	88,352	-18,029	-10,620
Dealers	0	0	0	0	0

Note: Components may not sum to totals because of rounding.

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

2. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Return to table

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

* "Table 2. Federal Reserve Bank holdings of U.S. Treasury and federal agency securities, December 31, 2008–10" was printed with an incorrect footnote. The footnote referencing "Reverse repurchase agreements" was revised to include mortgage-backed securities as a type of collateral. (06/21/12)