Join        Login             Stock Quote

Fed Balance Sheet Hits New Record On Major MBS Purchases Over Past Month

 January 14, 2010 05:39 PM

Total Federal Reserve balance sheet assets for the week of January 13 hit a new all time record high of $2,226 billion ($37 billion higher compared to the prior month, and a $11 billion increase sequentially). Fed assets consisted of:

  • Securities held outright: $1,856 billion (an increase of $49 billion MoM, resulting from a $45 billion increase in MBS and $4 billion in Agency Debt), or a $11 billion increase sequentially.
  • Net borrowings: $165 billion. This is notable as it is the first sequential increase since the peak of the financial crisis. A fortnight ago this number was at $163 billion. Also notable among other H.3 data is that the monetary base declined by $62 billion to $1.95 trillion sequentially,
  • Float, liquidity swaps, Maiden Lane and other assets: $205 billion, a minor increased from the prior week, based on a flat CPFF, a $2 billion reduction in FX liquidity swaps, offset by an increase in "other assets" of $2.5 billion. A notable addition here is the brand new column of AIA Aurora and ALICO Holdings, the Fed's brand new AIG assistance program, which has maxed out at $25.1 billion.

[Related -American International Group Inc (AIG): Current Weakness Offers A Buying Opportunity]

Foreign holders were at $2,951 billion, a $11 billion decrease from the prior week. Hello "Direct Bidder"?

[Related -American International Group Inc (AIG): Buy This 'Hated' Company While It's Still An Incredible Bargain]

Currency in circulation was $923 billion, with a total of $1,950 billion in the monetary base and $1,027 billion in excess reserves with F.R. banks (a number that dropped by $85 billion in the past month). Indicatively there was $1,080 billion in MBS and Agencies on the Fed's balance sheet, implying the currency/MBS holdings coverage sunk to a new record low of 85.5%.

iOnTheMarket Premium


Comments Closed

rss feed

Latest Stories

article imageTwo Picks to Play Defense in a Slowing Economy

Is the economy slowing? Last Thursday the Institute for Supply Management (ISM) reported that its read on...

article imageUS Jobless Claims Fall, Moving Closer To Multi-Decade Low… Again

US jobless claims continue to cast a positive glow on the outlook for the labor market. Today’s weekly read on...

article imageLong-term Relationships and Credit Scores

Unlike many commentators, I tend to think credit scores are a good read on...

article imageIn Defense Of Rolling Return Charts

Robeco’s Lukas Daalder has a bit of an issue with rolling-performance graphics. Bashing a recent chart of read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.