| 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. | |||||||||||||