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, 200810" 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)

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Last update: June 26, 2012