Freddie Mac 2004 Annual Report Download - page 200

Table 8.2 provides additional information related to Freddie Mac's debt securities due within one year.
Table 8.2 Ì Senior Debt, Due Within One Year
2004
Average Outstanding
At December 31, During the Year Maximum
Weighted Weighted Balance, Net
Average Average Outstanding at Any
Balance, Net EÅective Rate(1) Balance, Net(2) EÅective Rate(3) Month End
(dollars in millions)
Discount notes ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $180,198 2.04% $184,834 1.40% $212,715
Medium-term notesÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 162 2.51 4,289 1.31 5,320
Securities sold under agreements to
repurchase and Federal funds purchased Ì Ì 801 1.37 3,046
Swap collateral obligations ÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 16,279 2.24 13,549 1.36 16,279
Short-term debt securities ÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 196,639
Current portion of long-term debt ÏÏÏÏÏÏÏÏ 85,664
Senior debt, due within one year ÏÏÏÏÏÏÏÏÏ $282,303
2003
Average Outstanding
At December 31, During the Year Maximum
Weighted Weighted Balance, Net
Average Average Outstanding at Any
Balance, Net EÅective Rate(1) Balance, Net(2) EÅective Rate(3) Month End
(dollars in millions)
Discount notes(4) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $188,309 1.12% $207,374 1.21% $264,370
Medium-term notesÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 5,300 1.18 1,243 1.32 5,300
Securities sold under agreements to
repurchase and Federal funds
purchased(5) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 1,611 0.96 2,283 0.94 8,296
Swap collateral obligations(6) ÏÏÏÏÏÏÏÏÏÏÏÏ 16,082 1.02 11,694 1.13 16,082
Securities sold, not yet purchased ÏÏÏÏÏÏÏÏ 733
Short-term debt securities ÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 212,035
Current portion of long-term debt ÏÏÏÏÏÏÏÏ 83,227
Senior debt, due within one year ÏÏÏÏÏÏÏÏÏ $295,262
(1) Represents the weighted average eÅective rate at the end of the period, which includes the amortization of discounts or premiums
and issuance costs, but excludes the amortization of foreign-currency-related and hedging-related basis adjustments.
(2) Includes unamortized discounts or premiums and issuance costs. Issuance costs are reported in the Other assets caption on the
consolidated balance sheets.
(3) Represents the approximate weighted average eÅective rate during the period, which includes the amortization of discounts or
premiums and issuance costs, but excludes the amortization of foreign-currency-related and hedging-related basis adjustments.
(4) Maximum Balance, Net Outstanding at Any Month End for 2003 has been revised to conform with the 2004 presentation.
(5) Balance, Net and Weighted Average EÅective Rate for Average Outstanding During the Year for 2003 have been revised for
Securities sold under agreements to repurchase and Federal funds purchased to conform with the 2004 presentation.
(6) Weighted Average EÅective Rate at December 31, 2003 has been revised to conform with the 2004 presentation.
Freddie Mac
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