[Federal Register: November 26, 2003 (Volume 68, Number 228)]
[Notices]
[Page 66434]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26no03-52]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: Background.
Notice is hereby given of the final approval of proposed
information collections by the Board of Governors of the Federal
Reserve System (Board) under OMB delegated authority, as per 5 CFR
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the
Public). Board-approved collections of information are incorporated
into the official OMB inventory of currently approved collections of
information. Copies of the OMB 83-Is and supporting statements and
approved collection of information instrument(s) are placed into OMB's
public docket files. The Federal Reserve may not conduct or sponsor,
and the respondent is not required to respond to, an information
collection that has been extended, revised, or implemented on or after
October 1, 1995, unless it displays a currently valid OMB control
number.
FOR FURTHER INFORMATION CONTACT: Federal Reserve Clearance Officer-
Cindy Ayouch--Division of Research and Statistics, Board of Governors
of the Federal Reserve System, Washington, DC 20551 (202-452-3829).
OMB Desk Officer-Joseph Lackey--Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10235, Washington, DC 20503.
Final approval under OMB delegated authority of the extension for three
years, with revision, of the following report:
1. Report title: The Government Securities Dealers Reports: The
Weekly Report of Dealer Positions (FR 2004A), The Weekly Report of
Cumulative Dealer Transactions (FR 2004B), The Weekly Report of Dealer
Financing and Fails (FR 2004C), The Weekly Report of Specific Issues
(FR 2004SI), The Daily Report of Specific Issues (FR 2004SD), and The
Daily Report of Dealer Activity in Treasury Financing (FR 2004WI).
Agency form number: FR 2004
OMB Control number: 7100-0003
Frequency: Weekly, Daily
Reporters: Primary dealers in the U.S. government securities market
Annual reporting hours: 12,342 hours
Estimated average hours per response: FR 2004A, 1.5 hours; FR
2004B, 2 hours; FR 2004C, 1.25 hours; FR 2004SI, 2 hours; FR 2004SD, 2
hours; FR 2004WI, 1 hour.
Number of respondents: 22
General description of report: This information collection is
voluntary (12 U.S.C. 248 (a)(2), 353-359, and 461(c)); however, primary
dealers are expected to file the report with the Federal Reserve.
Individual respondent data are regarded as confidential under the
Freedom of Information Act (5 U.S.C. 552 (b)(4) and (b)(8)).
Abstract: The FR 2004A collects data as of Wednesday of each week
on dealers' outright positions in Treasury and other marketable debt
securities. The FR 2004B collects data cumulated for the week ended
Wednesday on the volume of transactions made by dealers in the same
instruments for which positions are reported on the FR 2004A. The FR
2004C collects data as of Wednesday of each week on the amounts of
dealer financing and fails. The FR 2004SI collects data as of Wednesday
of each week on outright, financing, and fails positions in current or
on-the-run issues. Under certain circumstances the FR 2004SI data can
also be collected on a daily basis for on-the-run and off-the-run
securities. The FR 2004WI collects daily information on a next-
business-day basis on positions in to-be-issued Treasury coupons
securities, mainly the trading on a when-issued delivery basis.
Current actions: The Federal Reserve proposed to make the following
modifications to the reporting series: 1) delete the columns for
cumulative weekly volume and average weekly rates for repurchase
agreements on the FR 2004C, 2) include a new column, FRBNY Security ID,
on the FR 2004SI, 3) formalize the collection of the FR 2004SI daily
data in the new reporting form, FR 2004SD, 4) publish all data
collected on the FR 2004C, (5) change the data submission schedule to
be uniform across the four weekly reports, and (6) adjust row and
column headings to be uniform across reports and to more clearly
identify the data to be reported. The revised reporting forms will be
implemented as of January 7, 2004.
Board of Governors of the Federal Reserve System, November 19,
2003.
Jennifer J. Johnson
Secretary of the Board.
[FR Doc. 03-29468 Filed 11-25-03; 8:45 am]
BILLING CODE 6210-01-S