Keeping you up to date on the latest data releases.
- Federal Reserve Balance Sheet
There were seasonal jumps and subsequent declines in several categories over the past two weeks. Most notably, securities lent to dealers doubled its total from about $10 million to $20 million, and fell back to $12 million this past week. Also, the value of the Treasury General Account rose to help cope with end-of-year tax activity, growing from $30 billion to top $100 billion before starting to ebb this week. The total holdings of Treasury securities topped $1 trillion recently, while the total holdings of agency mortgage-backed securities dropped under $1 trillion for the first time since February 2010. The Treasury purchase schedule for mid-January to mid-February was released this week, with $112 billion of purchases expected to be made. Purchases will be split into $32 billion of reinvestment of matured agency debt and mortgage-backed securities and $80 billion of large-scale asset purchases. Maiden Lane II made a payment on the outstanding balance of its loan this week. The balance of the loan now stands at just under $12.8 billion. This is the first time since early 2009 that Maiden Lane III and Maiden Lane II did not make payments on their loans in the same week. Maiden Lane III has not made a payment on its loan in over a month and a half.