Company: NLY-PF
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001628280-25-036724
Chunk: 192

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 192
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 cause an adverse change in our liquidity position. We have continued to diversify our financing profile adding new non-mark-to-market facilities and financing options under existing facilities for our Residential Credit operating segment.

At June 30, 2025, we had total financial assets and cash pledged against existing liabilities of $72.0 billion. The weighted average haircut was approximately 3% on repurchase agreements. The quality and character of the Residential Securities that we pledge as collateral under the repurchase agreements and interest rate swaps did not materially change at June 30, 2025, compared to the same period in 2024, and our counterparties did not materially alter any requirements, including required haircuts, related to the collateral we pledge under repurchase agreements and interest rate swaps during the three months ended June 30, 2025.

The following table presents our quarterly average and quarter-end repurchase agreement and reverse repurchase agreement balances outstanding for the periods presented:

 Repurchase AgreementsReverse Repurchase Agreements Average DailyAmount OutstandingEnding Amount OutstandingAverage DailyAmount OutstandingEnding Amount OutstandingFor the three months ended(dollars in thousands)June 30, 2025$67,699,628 $66,541,378 $3,434,050 $— March 31, 202566,724,268 61,659,460 2,721,386 — December 31, 202468,092,016 65,688,923 2,778,970 — September 30, 202467,092,629 64,310,276 3,041,120 — June 30, 202463,043,218 60,787,994 2,322,479 — March 31, 202464,027,388 58,975,232 2,323,485 — December 31, 202361,924,576 62,201,543 1,340,204 — September 30, 202366,020,036 64,693,821 257,097 — June 30, 202364,591,463 61,637,600 600,968 — 

Our committed facility warehouse lines provide financing for our MSR portfolio for liquidity purposes. We maintain a conservative approach to these facilities, generally over-collateralizing the lines against margin calls.

The following table provides information on our repurchase agreements and other