Reinvestments of Principal Payments on Agency Securities into Agency MBS

On September 21, 2011, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to reinvest principal payments from agency debt and agency MBS in agency MBS in order to help support conditions in mortgage markets and contribute to a stronger economic recovery.

Gross purchases from January 19 through January 25: $6,250 million
Sales (dollar rolls) from January 19 through January 25: $0 million
Net purchases from January 19 through January 25: $6,250 million

All amounts reflect current face

Purchases summarize all trades executed during the indicated period including purchases associated with dollar rolls.

Purchases ($ million)
Maturity
Coupon
Settlement Month
FHLMC
FNMA
GNMA
GNMA2
30 Year
3.5 Feb 950 2,000 0 0
3.5 Mar 0 0 250 800
4 Feb 400 850 0 0
4 Mar 0 0 100 250
15 Year 3 Mar 200 250 0 0
3.5 Mar 100 100 0 0
Total 1,650 3,200 350 1,050