| F.208 Open Market Paper | |||||||||||||
| Billions of dollars; quarterly figures are seasonally adjusted annual rates | |||||||||||||
| 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2006 | |||||||
| Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | ||||||||
| stock price direction | DOWN | DOWN | DOWN | UP | UP | UP | DOWN | UP | UP | UP | DOWN | ||
| bond price direction | UP | UP | UP | UP | DOWN | DOWN | UP | DOWN | DOWN | DOWN | DOWN | ||
| 1 | Total net issues, all types | -94.5 | -63.5 | -75.1 | 134.7 | 266.7 | 236.2 | 317.3 | 324.8 | 188.5 | 366.1 | 289.7 | 1 |
| 2 | Commercial paper | -91.3 | -63.3 | -74.9 | 135.0 | 266.7 | 235.9 | 317.0 | 323.9 | 189.9 | 365.8 | 289.9 | 2 |
| 3 | Nonfinancial corporate business | -83.0 | -57.9 | -35.1 | 16.8 | -7.9 | 49.8 | 5.8 | 2.8 | -89.9 | 42.1 | 40.1 | 3 |
| 4 | Foreign issues in U.S. | 15.8 | 58.3 | 12.9 | 62.8 | 38.5 | 6.2 | 10.0 | 78.5 | 59.1 | 62.6 | -58.9 | 4 |
| 5 | Nonfinancial | -16.5 | -0.2 | -3.7 | -2.2 | 15.7 | -0.2 | -14.6 | 14.9 | 62.6 | -34.0 | 10.0 | 5 |
| 6 | Financial | 32.3 | 58.5 | 16.5 | 65.0 | 22.8 | 6.4 | 24.6 | 63.6 | -3.5 | 96.6 | -68.9 | 6 |
| 7 | Financial sectors | -24.2 | -63.7 | -52.7 | 55.4 | 236.1 | 179.9 | 301.3 | 242.5 | 220.7 | 261.1 | 308.7 | 7 |
| 8 | Commercial banking | -5.1 | -2.3 | -6.0 | 10.8 | 4.0 | 26.8 | -7.6 | 21.6 | -24.7 | 6.3 | 47.8 | 8 |
| 9 | ABS issuers | 79.7 | -40.1 | -43.0 | -8.0 | 146.8 | 83.7 | 127.4 | 141.4 | 234.7 | 127.0 | 201.8 | 9 |
| 10 | Finance companies | -77.7 | -14.6 | -2.7 | 30.2 | -15.3 | -22.9 | -53.7 | -21.8 | 37.1 | -0.9 | 2.9 | 10 |
| 11 | REITs | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| 12 | Funding corporations | -21.1 | -6.7 | -1.0 | 22.4 | 100.6 | 92.2 | 235.2 | 101.3 | -26.5 | 128.6 | 56.1 | 12 |
| 13 | Bankers acceptances (1) | -3.2 | -0.2 | -0.2 | -0.3 | 0.0 | 0.3 | 0.2 | 0.9 | -1.4 | 0.3 | -0.2 | 13 |
| 14 | Net purchases, by sector | -94.5 | -63.5 | -75.1 | 134.7 | 266.7 | 236.2 | 317.3 | 324.8 | 188.5 | 366.1 | 289.7 | 14 |
| 15 | Household sector | 0.0 | 13.1 | -4.5 | 30.2 | 28.1 | 5.2 | 57.3 | 27.4 | 22.7 | 20.4 | 25.9 | 15 |
| 16 | Nonfinancial corporate business | 2.4 | 4.6 | 10.9 | 19.3 | 11.7 | -0.4 | 0.5 | 22.6 | 24.2 | 28.0 | 30.1 | 16 |
| 17 | State and local governments | 17.4 | 14.4 | 9.4 | 8.3 | 6.2 | 8.1 | -2.5 | 10.9 | 8.4 | 15.2 | 6.4 | 17 |
| 18 | Rest of the world | -2.6 | 10.3 | 7.0 | 24.0 | -6.9 | -62.3 | 45.1 | 3.1 | -13.6 | -58.1 | 206.7 | 18 |
| 19 | Monetary authority | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 19 |
| 20 | Commercial banking (1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20 |
| 21 | Savings institutions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| 22 | Credit unions | 1.2 | 1.2 | -2.0 | 0.2 | -0.6 | 0.6 | -2.5 | -2.0 | 1.6 | 4.0 | -2.1 | 22 |
| 23 | Life insurance companies | -11.9 | 14.7 | -18.2 | -7.6 | -8.0 | -9.4 | -15.7 | -17.1 | 10.0 | -12.1 | 5.9 | 23 |
| 24 | Private pension funds | -8.2 | 2.2 | -3.2 | 0.6 | 1.1 | 2.8 | 3.4 | 1.2 | -2.9 | 1.8 | 8.0 | 24 |
| 25 | State and local govt. retirement funds | 4.0 | -3.2 | -9.0 | -9.5 | -0.6 | -2.7 | 2.3 | -1.2 | -0.8 | -1.3 | 4.6 | 25 |
| 26 | Money market mutual funds | 3.4 | -38.6 | -125.2 | -54.1 | 86.3 | 3.3 | 90.2 | 71.9 | 179.9 | -9.3 | 63.1 | 26 |
| 27 | Mutual funds | -28.9 | -7.7 | 13.1 | 18.0 | 2.9 | 53.1 | -1.6 | -23.1 | -16.7 | 54.3 | 61.2 | 27 |
| 28 | Government-sponsored enterprises | 2.7 | -23.5 | -2.4 | -2.0 | 2.2 | 2.5 | 3.5 | -3.0 | 5.8 | 0.7 | 5.0 | 28 |
| 29 | Brokers and dealers | 9.0 | -4.7 | 5.9 | -1.3 | 7.6 | 9.5 | 48.3 | 5.3 | -32.7 | 44.3 | -18.7 | 29 |
| 30 | Funding corporations | -82.8 | -46.4 | 43.0 | 108.5 | 136.5 | 225.8 | 89.0 | 228.6 | 2.7 | 278.1 | -106.5 | 30 |
| (1) Excludes banks' holdings of own acceptances. | |||||||||||||
