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Agency MBS Transaction Summary
   

On September 13, 2012, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to begin purchasing additional agency MBS at a pace of $40 billion per month. The FOMC also directed the Desk to maintain its existing policy of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS in agency MBS. The FOMC noted that these actions should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative.

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Gross purchases from February 14 through February 20: $15,000 million
Sales (dollar rolls) from February 14 through February 20: $0 million
Net purchases from February 14 through February 20: $15,000 million

All amounts reflect current face

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

Transactions ($ million)
Maturity Coupon Rate Settlement Month FHLMC FNMA GNMA GNMA2
30 YEAR  2.5  March  100 
  March  3,050  450  2,750 
  April  3,550 
  3.5  March  1,050 
  3.5  April  350  650  150 
             
15 YEAR  March  300 
  2.5  March  900  1,450 
  March  100  150 
             
TOTAL      4,400  6,200  600  3,800 
Purchases archive ››
Sales archive ››