F.210 Agency- and GSE-backed Securities (1)            
 Billions of dollars; quarterly figures are seasonally adjusted annual rates            
 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
2001 2002 2003 2004 2005 2005 2006
Q1 Q2 Q3 Q4 Q1 Q2
1 Net issues 642.1 547.2 571.9 117.5 50.2 -163.0 51.1 -80.9 393.5 471.3 607.2 1
2 Budget agencies -0.5 0.5 -2.4 -0.6 -0.4 -0.7 -1.4 -0.4 0.8 -1.0 0.2 2
3 Government-sponsored enterprises 304.1 219.8 243.7 65.0 -84.2 -209.6 -84.2 -243.9 200.9 144.8 299.5 3
4 Agency- and GSE-backed mortgage pools 338.5 326.8 330.5 53.0 134.8 47.3 136.6 163.4 191.8 327.6 307.5 4
5  Net purchases 642.1 547.2 571.9 117.5 50.2 -163.0 51.1 -80.9 393.5 471.3 607.2 5
6 Household sector -117.4 -157.8 151.5 77.8 218.0 -81.6 294.9 435.4 223.4 -67.9 98.6 6
7 Nonfinancial corporate business 2.1 -0.7 -4.8 0.1 1.4 -0.3 3.6 -4.0 6.5 -2.9 0.6 7
8 State and local governments 47.2 41.9 20.4 18.1 13.5 17.6 -5.5 23.6 18.2 21.0 13.9 8
9 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9
10 Rest of the world 103.7 112.3 3.1 109.0 157.1 101.5 157.2 207.0 162.5 263.7 234.0 10
11 Monetary authority -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11
12 Commercial banking 55.6 140.5 83.6 96.9 -6.8 95.5 -63.3 -55.4 -3.9 154.5 162.4 12
13 U.S.-chartered commercial banks 73.7 121.1 85.1 89.7 -3.3 102.2 -94.4 -24.1 2.9 178.8 133.6 13
14 Foreign banking offices in U.S. -22.0 10.9 -7.1 0.6 -2.3 -9.3 27.9 -27.0 -0.6 -26.9 29.0 14
15 Bank holding companies 1.4 4.5 0.9 1.9 -2.3 0.3 -3.1 -5.1 -1.4 3.0 4.6 15
16 Banks in U.S.-affiliated areas 2.5 3.9 4.7 4.7 1.2 2.4 6.3 0.8 -4.8 -0.4 -4.9 16
17 Savings institutions 21.0 14.7 22.6 -13.6 -12.8 -5.9 -8.9 -17.1 -19.3 -9.1 -23.6 17
18 Credit unions 19.6 18.2 18.6 -0.5 -7.6 4.1 -1.5 -27.3 -5.6 13.5 -3.3 18
19 Property-casualty insurance companies 10.1 19.0 2.2 -3.3 5.8 9.7 3.1 11.9 -1.6 9.3 4.7 19
20 Life insurance companies 18.1 77.4 18.0 8.2 11.4 38.6 4.6 7.6 -5.3 19.5 5.1 20
21 Private pension funds 5.1 -19.4 33.3 17.5 -0.4 -9.4 -17.5 -3.5 28.8 19.7 37.7 21
22 State and local govt. retirement funds 1.9 11.8 55.7 44.2 1.7 76.8 -39.6 -18.1 -12.1 -9.6 -3.9 22
23 Federal government retirement funds 1.6 1.9 0.5 -0.5 0.0 -0.2 0.4 0.2 -0.3 -0.3 -0.2 23
24 Money market mutual funds 141.5 8.7 -4.6 -61.1 -107.4 -154.5 -154.6 -159.5 39.1 44.1 3.0 24
25 Mutual funds 84.7 54.0 25.2 15.2 20.8 31.2 12.2 -5.5 45.1 15.6 -16.8 25
26 Government-sponsored enterprises 206.9 131.7 88.8 -130.3 -163.6 -185.4 -227.9 -300.0 58.9 -20.0 31.5 26
27 ABS issuers 19.3 71.4 67.7 -100.0 -76.0 -103.3 -30.4 -105.7 -64.5 -94.8 -69.2 27
28 REITs 7.0 7.4 -1.9 16.1 1.3 -1.1 13.2 0.9 -8.0 1.6 30.0 28
29 Brokers and dealers 14.1 14.1 -8.1 23.5 -6.3 3.6 111.0 -71.4 -68.3 113.5 102.7 29
 (1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government-sponsored enterprises (line 3) such as FNMA and FHLB;            
 and agency- and GSE-backed mortgage pool securities issued by GNMA, FNMA, FHLMC, and the Farmers Home Administration (line 4). Only the budget agency issues are considered            
 officially to be part of the total borrowing of the federal government, which is shown in table F.209, line 32.