Friday, August 7, 2009

Treasury Auction Result for 8/7/2009

(I apologize for the tardy posting. Google's Blogger was inaccessible earlier today, due to a massive attack on a blogger in Georgia which brought down Google, Facebook, Twitter, among other sites. For more, you can read here. But back to Treasury auction...)

The U.S. Treasury Department auctioned the following Treasury securities today. The auction was for SFP* to assist the Federal Reserve.

70-day Cash Management Bill: $35 billion

  • Primary Dealer: $14.28 billion
  • Indirect Bidder: $18.34 billion
  • Indirect Bidder Percentage: 52.4% (high)
  • Bid to Cover Ratio: 3.88
  • Investment Rate: 0.188%

Total for the week: $163 billion

  • Bills: $163 billion
    (Of the total, $70 billion was for SFP for the Federal Reserve.)

Total for the month of August 09: $163 billion

  • Bills: $163 billion

Additional purchase by SOMA* for the month of August 09: $3.78 billion

  • Bills: $3.78 billion

*Scroll down to the bottom to see the explanation.

at 4:09 PM 0 comments  

Labels: , ,

New York Fed Open Market Operation for 8/7/2009

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

  • Operation type: Outright Agency Coupon Purchase
  • Total Par Amt Accepted: $1,937 million
  • Total Par Amt Submitted: $3,873 million
  • Maturity Date Range: 03/15/16 - 07/15/32

at 4:00 PM 0 comments  

Labels: ,

Thursday, August 6, 2009

New York Fed Open Market Operation for 8/6/2009

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: $7,000 million
  • Total Par Amt Submitted: $48,256 million
  • Maturity/Call Date Range: 05/15/2016 - 05/15/2019

at 10:13 AM 0 comments  

Labels: ,

Wednesday, August 5, 2009

Treasury Auction Result for 8/5/2009

The U.S. Treasury Department auctioned the following Treasury securities today, as part of the Supplementary Financing Program (SPF)*.

70-day Cash Management Bill (CMB): $35 billion

  • Primary Dealer: $23.30 billion
  • Indirect Bidder: $5.84 billion
  • Indirect Bidder Percentage: 16.7%
  • Bid to Cover Ratio: 3.31
  • Investment Rate: 0.188%
Total for the week: $128 billion
  • Bills: $128 billion
Total for the month of August 09: $128 billion
  • Bills: $128 billion
Additional purchase by SOMA* for the month of August 09: $3.78 billion
  • Bills: $3.78 billion

*Scroll down to the bottom to see the explanation.

at 6:14 PM 0 comments  

Labels: , ,

New York Fed Open Market Operation for 8/5/2009

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: $7,248 million
  • Total Par Amt Submitted: $17,913 million
  • Maturity/Call Date Range: 12/31/2013 - 04/30/2016

at 9:00 AM 0 comments  

Labels: ,

Tuesday, August 4, 2009

Treasury Auction Result for 8/4/2009

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

4-week bill: $31 billion

  • Primary Dealer: $15.90 billion
  • Indirect Bidder: $14.53 billion
  • Indirect Bidder Percentage: 46.9%
  • Bid to Cover Ratio: 3.77
  • Investment Rate: 0.147%
In addition, SOMA purchased $3.78 billion 4-week bill.

Total for the week: $93 billion
  • Bills: $93 billion
Total for the month of August 09: $93 billion
  • Bills: $93 billion
Additional purchase by SOMA for the month of August 09: $3.78 billion
  • Bills: $3.78 billion

at 10:50 AM 0 comments  

Labels: ,

Monday, August 3, 2009

Treasury Auction Result for 8/3/2009

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

13-week bill: $31 billion

  • Primary Dealer: $9.49 billion
  • Indirect Bidder: $17.84 billion
  • Indirect Bidder Percentage: 57.5%
  • Bid to Cover ratio: 3.87
  • Investment Rate: 0.183%
26-week bill: $31 billion
  • Primary Dealer: $13.95 billion
  • Indirect Bidder: $13.99 billion
  • Indirect Bidder Percentage: 45.1%
  • Bid to Cover ratio: 3.28
  • Investment Rate: 0.279%

Total for the week: $62 billion

  • Bills: $62 billion

Total for the month of August 09: $62 billion

  • Bills: $62 billion

at 12:14 PM 0 comments  

Labels: ,

Sunday, August 2, 2009

Treasury Auction Schedule for August 2009

The U.S. Treasury Department plans to auction the following Treasury securities in August, 2009. (This is a tentative schedule.)

Monday, August 3, 2009

  • 13-week bill
  • 26-week bill
Tuesday, August 4, 2009
  • 4-week bill
Monday, August 10, 2009
  • 13-week bill
  • 26-week bill
Tuesday, August 11, 2009
  • 4-week bill
  • 3-year note
Wednesday, August 12, 2009
  • 10-year note
Thursday, August 13, 2009
  • 30-year bond
Monday, August 17, 2009
  • 13-week bill
  • 26-week bill
Tuesday, August 18, 2009
  • 4-weel bill
Monday, August 24, 2009
  • 13-week bill
  • 26-week bill
Tuesday, August 25, 2009
  • 4-week bill
  • 52-week bill
  • 2-year note
Wednesday, August 26, 2009
  • 5-year note
Thursday, August 27, 2009
  • 7-year note
Monday, August 31, 2009
  • 13-week bill
  • 26-week bill

at 9:05 PM 0 comments  

Labels: ,

Subscribe to: Posts (Atom)

Terminology
SOMA System Open Market Account at the Federal Reserve New York Bank
Primary Dealer A bank or securities broker-dealer that may trade directly with the Federal Reserve System. Primary Dealers are required to bid at Treasury auctions. Current list of Primary Dealers is available at New york Fed.
Indirect Bidder Supposed to be the foreign investors, both foreign central banks and foreign private investors
Bid to Cover ratio The number of bids received divided by the number of bids accepted. The higher the ratio, the higher the demand.
Reopening The U.S. Treasury issues additional amounts of a previously issued security. The reopened security has the same maturity date and coupon interest rate as the original security, but with a different issue date and usually a different purchase price.
Cash Management Bill (CMB) A short-term security sold by the U.S. Department of the Treasury. The maturity on a CMB can range from a few days to six months. The money raised through these issues is used by the Treasury to meet any temporary shortfalls. CMBs tend to pay higher yields than bills with fixed maturities, but their shorter maturities lead to lower overall interest expense.
Supplementary Financing Program (SFP) A program initiated by the U.S. Treasury Department at the request of the Federal Reserve in September 17, 2008. The cash raised from the auction will be used in the various Federal Reserve initiatives to support the financial markets and manage its balance sheet.

  © Blogger template 'Fly Away' by Ourblogtemplates.com 2008 || Photo by elvis_payne "Money Laundering"

Back to TOP