Fannie Mae 2004 Annual Report Download - page 177

Table 40: Outstanding Short-Term Borrowings
Outstanding
Weighted Average
Interest Rate
(1)
Outstanding
(2)
Weighted Average
Interest Rate
(1)
Maximum
Outstanding
(3)
December 31, Average During the Year
2004
(Dollars in millions)
Federal funds purchased and
securities sold under
agreements to repurchase . . . . $ 2,400 1.90% $ 2,704 0.80% $ 10,455
Fixed short-term debt
U.S. discount notes . . . . . . . . . $299,728 2.14% $306,539 1.42% $323,289
Foreign exchange discount
notes . . . . . . . . . . . . . . . . . 6,591 0.84 3,064 1.10 7,089
Other fixed short-term debt . . . 3,724 1.59 3,236 1.43 3,779
Floating short-term debt . . . . . . . 6,250 2.19 7,548 1.41 9,135
Debt from consolidations . . . . . . 3,987 2.20 2,989 1.54 3,987
Total short-term debt . . . . . . . . . $320,280 2.11%
Outstanding
Weighted Average
Interest Rate
(1)
Outstanding
(2)
Weighted Average
Interest Rate
(1)
Maximum
Outstanding
(3)
December 31, Average During the Year
2003
(Restated)
(Dollars in millions)
Federal funds purchased and
securities sold under
agreements to repurchase . . . . $ 3,673 1.03% $ 7,276 0.58% $ 21,773
Fixed short-term debt
U.S. discount notes . . . . . . . . . $327,967 1.11% $320,987 1.20% $351,793
Foreign exchange discount
notes . . . . . . . . . . . . . . . . . 1,214 1.37 1,432 1.48 3,291
Other fixed short-term debt . . . 1,863 1.53 726 1.13 2,250
Floating short-term debt . . . . . . . 10,235 1.03 5,343 1.16 10,235
Debt from consolidations . . . . . . 2,383 1.14 1,360 1.23 2,383
Total short-term debt . . . . . . . . . $343,662 1.11%
Outstanding
Weighted Average
Interest Rate
(1)
Outstanding
(2)
Weighted Average
Interest Rate
(1)
Maximum
Outstanding
(3)
December 31, Average During the Year
2002
(Restated)
(Dollars in millions)
Federal funds purchased and
securities sold under
agreements to repurchase . . . . $ 9,170 1.27% $ 2,550 0.91% $ 12,384
Fixed short-term debt
U.S. discount notes . . . . . . . . . $290,098 1.53% $252,858 1.96% $290,098
Foreign exchange discount
notes . . . . . . . . . . . . . . . . . — — 2 0.27 25
Other fixed short-term debt . . . 1,450 1.79 3,835 2.49 5,374
Floating short-term debt . . . . . . . 1,990 1.27 11,772 1.69 18,924
Total short-term debt . . . . . . . . . $293,538 1.53%
(1)
Includes discounts, premiums and other deferred price adjustments.
(2)
Average amount outstanding during the year has been calculated using month-end balances.
(3)
Maximum outstanding represents the highest month-end outstanding balance during the year.
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