Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 52

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 52
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 calls.

The following table provides information on our repurchase agreements and other secured financing by maturity date at September 30, 2025. The weighted average remaining maturity on our repurchase agreements and other secured financing was 54 days at September 30, 2025:

 September 30, 2025 Principal BalanceWeighted Average Rate% of Total (dollars in thousands)1 day$26,994,527 4.38%35.4%2 to 29 days2,103,067 4.90%2.8%30 to 59 days14,059,608 4.38%18.5%60 to 89 days23,209,704 4.27%30.5%90 to 119 days4,578,922 4.18%6.0%Over 119 days (1)5,198,135 5.06%6.8%Total$76,143,963 4.40%100.0%(1) Approximately 1% of the total repurchase agreements and other secured financing had a remaining maturity over 1 year.

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ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIESItem 2. Management’s Discussion and Analysis 

We also finance our investments in residential mortgage loans through the issuance of securitization transactions sponsored by our wholly-owned subsidiary Onslow Bay Financial LLC (“Onslow Bay”) under the Onslow Bay private-label securitization program. In order to increase financing optionality for our Onslow Bay platform, during the quarter we renewed or extended existing facilities and upsized one facility by $100 million.

The following table presents our outstanding debt balances and associated weighted average rates and days to maturity at September 30, 2025:

  Weighted Average Rate   Principal BalanceAs of Period EndFor the QuarterWeighted AverageDays to Maturity (1) (dollars in thousands)Repurchase agreements$75,118,963 4.36%4.50%49Other secured financing1,025,000 6.94%7.00%399Debt issued by securitization vehicles (2)27,098,983 5.54%5.30%12,974Participations issued (2)1,772,035 6.65%6.58%10,835Total indebtedness$105,014,981    (1) Determined based on estimated weighted