Fannie Mae 2005 Annual Report Download - page 156

Table 34: Outstanding Short-Term Borrowings
Outstanding
Weighted Average
Interest Rate
(1)
Outstanding
(2)
Weighted Average
Interest Rate
(1)
Maximum
Outstanding
(3)
As of December 31, Average During the Year
2005
(Dollars in millions)
Federal funds purchased and
securities sold under agreements
to repurchase . . . . . . . . . . . . . . $ 705 3.90% $ 2,202 2.88% $ 6,143
Fixed short-term debt
U.S. discount notes . . . . . . . . . $166,645 4.08% $205,152 3.15% $281,117
Foreign exchange discount
notes . . . . . . . . . . . . . . . . . . 1,367 2.66 3,931 2.00 8,191
Other fixed short-term debt . . . . 941 3.75 1,429 3.03 3,570
Floating short-term debt . . . . . . . . 645 4.16 3,383 3.26 6,250
Debt from consolidations . . . . . . . 3,588 4.25 4,394 3.25 4,891
Total short-term debt . . . . . . . . . . $173,186 4.07%
Outstanding
Weighted Average
Interest Rate
(1)
Outstanding
(2)
Weighted Average
Interest Rate
(1)
Maximum
Outstanding
(3)
As of 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)
As of December 31, Average During the Year
2003
(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%
(1)
Includes discounts, premiums and other cost basis 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.
For information regarding our outstanding long-term debt as of December 31, 2005 and 2004, refer to “Notes
to Consolidated Financial Statements—Note 8, Short-term Borrowings and Long-term Debt.”
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