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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 28 through March 6: $18,900 million
Sales (dollar rolls) from February 28 through March 6: $600 million
Net purchases from February 28 through March 6: $18,300 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 

April 

100 
  April  3,400  5,450  400  3,100 
  3.5  April  850  550  1,450 
             
15 YEAR  April  250  500  00 
  2.5  April  750  1,400 
  April  250  450 
             
TOTAL      5,500  8,450  400  4,550 
Purchases archive ››
Sales archive ››