[Federal Register Volume 68, Number 228 (Wednesday, November 26, 2003)]
[Notices]
[Page 66434]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-29468]


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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