The FRBNY’s weekly statistical release H.4.1 [1] is now more than an hour overdue. When Current release tics over to "October 9, 2008," Doom will be dipping down to see how the numbers changed from the last version.
The following is last week’s numbers in "Screen Reader" format. The bolded were the holdings of treasuries and agencies last week. We’ll be looking for where these moved this week.
(sorry about the format, I’m out of time myself — please compare the numbers in the treasury and agency lines when the Oct 9 version comes up).
1A. Memorandum Items, October 1, 2008
Millions of dollars
| Memorandum item | Averages of daily figures | Wednesday Oct 1, 2008 |
||
|---|---|---|---|---|
| Week ended Oct 1, 2008 |
Change from week ended | |||
| Sep 24, 2008 | Oct 3, 2007 | |||
| Marketable securities held in custody for foreign | ||||
| official and international accounts (1) | 2,465,651 | + 43,756 | + 467,242 | 2,482,377 |
| U.S. Treasury | 1,495,189 | + 37,096 | + 281,057 | 1,513,135 |
| Federal agency | 970,462> | + 6,660 | + 186,185 | 969,241 |
| Securities lent to dealers | 255,801 | + 50,853 | + 252,072 | 259,672 |
| Overnight facility (2) | 22,236 | + 2,924 | + 18,507 | 24,128 |
| Term facility (3) | 233,565 | + 47,929 | + 233,565 | 235,544 |
________________________
Notes and References
[1]: "H.4.1 Factors Affecting Reserve Balances", Federal Reserve Statistical Release (weekly), Federal Reserve Bank of New York.
© Copyright 2012 Housing Doom | Copyright© 2011, AuthentiCraft, Inc.
YeeeHawww!!
It’s little wonder the NY Fed hesitated releasing this puppy on an unsuspecting planet. Last week foreign central banks took their net buys of agencies going back to late May and plumped the whole wad straight into treasuries. Looks like that explicit guarantee on Fannie’s and Freddie’s senior debt is going to need to get a bit expliciter
“Overseas cenbanks’ Treasuries holdings rise-Fed”, Reuters, October 9, 2008.
Off Topic? The Nikkei is down 8.6% right now having bounced from an 11% drop this morning. An REIT imploded yesterday and an unlisted company ‘Yamato Life Insurance’ today. European talking heads are deriding panicking investors for taking the world closer to financial Armagedon. Which reminded me of the Wizards of Wall Street line from this.
http://messages.finance.yahoo.com/Mutual_Funds_(A_to_Z)/Mutual_Funds_F/threadview?m=tm&bn=29756&tid=3&mid=3&tof=6&frt=2
Hutch-
I don’t know what’s with Igor this evening- yours is the second comment I’ve had to take away from him.
I’ve been here watching CNBC and working on charts for John. You’ve definitely hit this evening’s headlines.
I usually don’t watch horror shows before bedtime- they tend to give me nightmares. I’m thinking that I should probably change the channel.