Auction Tally for August 2009

July Treasury Auctions, Year Over Year (2006-2009)

Treasury auctions in the month of July, year over year, from 2006 to 2009.

Treasury Auction Result for 7/30/2009 (Corrected)

The U.S. Treasury Department auctioned the following Treasury securities today.

7-year note: $28 billion ($1 billion more than last month)

• Primary Dealer: $10.05 billion
• Indirect Bidder: $17.46 billion
• Indirect Bidder Percentage: 62.4%
• Bid to Cover Ratio: 2.63
• High Yield: 3.369% (Interest Rate 3.250%)
• Allotted at High: 91.73% (High. Last month: 13.17%)

In addition, SOMA purchased $701 million 7-year note.

Total for this week: $235 billion

• Bills: $120 billion
• Notes, TIPS: $115 billion

(CORRECTION: with CMB $30 billion on July 1st added)
Total for the month of July: $725 billion

• Bills: $537 billion
• Notes, bonds, TIPS: $188 billion

Additional purchase by SOMA for the month of July 2009: $17.52 billion

• Bills: $14.65 billion
• Notes, TIPS: $2.87 billion

New York Fed Open Market Operation for 7/31/2009

As part of permanent Open Market Operations (OMO), the New York Fed purchased agency bonds today:

• Operation type: Outright Agency Coupon Purchase
• Total Par Amt Accepted: $2,151 million
• Total Par Amt Submitted: $4,302 million
• Maturity Date Range: 08/14/2013 - 01/19/2016

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In the month of July 2009, the New York Fed purchased:

• $28,494 million Treasury securities;
• $10,434 million agency bonds;
• $80,495 million agency Mortgage Backed Securities (MBS).
• Total OMO: $119,423 million

(Source: New York Fed Open Market Operations)

New York Fed Open Market Operation for 7/30/2009

As part of permanent Open Market Operations (OMO), the New York Fed purchased Treasury securities today:

• Operation type: Outright Coupon Purchase
• Total Par Amt Accepted: $6,496 million
• Total Par Amt Submitted: $20,308 million
• Maturity/Call Date Range: 05/15/2012 - 11/15/2013

Treasury Auction Result for 7/29/2009

The U.S. Treasury Department auctioned the following Treasury securities today:

5-year note: $39 billion ($2 billion more than last month)

• Primary Dealer: $23.92 billion
• Indirect Bidder: $14.26 billion
• Indirect Bidder Percentage:36.6%
• Bid to Cover Ratio: 1.92 (lowest this year)

In addition, SOMA purchased $977 million 5-year note.

Total for this week so far: $207 billion

• Bills: $120 billion
• Notes, TIPS: $87 billion

Total for the month of July so far: $667 billion

• Bills: $507 billion
• Notes, bonds, TIPS: $160 billion

Additional purchase by SOMA for the month of July 2009 so far: $16.82 billion

• Bills: $14.65 billion
• Notes, TIPS: $2.17 billion

New York Fed Open Market Operation for 7/29/2009

As part of permanent Open Market Operations (OMO), the New York Fed purchased Treasury securities today:

• Operation type: Outright Coupon Purchase
• Total Par Amt Accepted: $2,999 million
• Total Par Amt Submitted: $11,707 million
• Maturity/Call Date Range: 02/15/2021 - 02/15/2026
  

Treasury Auction Result for 7/28/2009

The U.S. Treasury Department auctioned the following Treasury securities today:

4-week bill: $30 billion

• Primary Dealer: $19.35 billion
• Indirect Bidder: $5.42 billion
• Indirect Bidder Percentage: 18.1% (low)
• Bid to Cover Ratio: 3.54

In addition, SOMA purchased $5.94 billion 4-week bill.

52-week bill: $27 billion

• Primary Dealer: $7.38 billion
• Indirect Bidder: $18.31 billion
• Indirect Bidder Percentage: 67.8%
• Bid to Cover Ratio: 3.95

2-year note: $42 billion ($2 billion more than last month)

• Primary Dealer: $26.13 billion
• Indirect Bidder: $13.69 billion
• Indirect Bidder Percentage: 32.6%
• Bid to Cover Ratio: 2.75

In addition, SOMA purchased $1.05 billion 2-year note.

Total for this week so far: $168 billion

• Bills: $120 billion
• Notes, TIPS: $48 billion

Total for the month of July: $628 billion

• Bills: $507 billion
• Notes, bonds, TIPS: $121 billion

Additional purchase by SOMA for the month of July 2009 so far: $15.85 billion

• Bills: $14.65 billion
• Notes, TIPS: $1.20 billion

Treasury Auction Result for 7/27/2009

The U.S. Treasury Department auctioned the following Treasury securities today:

13-week bill: $32 billion

• Primary Dealer: $21.25 billion
• Indirect Bidder: $4.62 billion
• Indirect Bidder Percentage: 14.4% (low)
• Bid to Cover Ratio: 3.40

26-week bill: $31 billion

• Primary Dealer: $9.73 billion
• Indirect Bidder: $18.33 billion
• Indirect Bidder Percentage: 59.1%
• Bid to Cover Ratio: 3.87

20-year TIPS (reopening): $6 billion

• Primary Dealer: $3.01 billion
• Indirect Bidder: $2.82 billion
• Indirect Bidder Percentage: 47%
• Bid to Cover Ratio: 2.27

In addition, SOMA purchased $150 million 20-year TIPS.

Total for this week: $69 billion

• Bills: $63 billion
• TIPS: $6 billion

Total for the month of July: $529 billion

• Bills: $450 billion
• Notes, bonds, TIPS: $79 billion

Additional purchase by SOMA for the month of July 2009 so far: $8.86 billion

• Bills: $8.71 billion
• TIPS: $150 million