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 March 1 through March 7: $6,850 million
Sales (dollar rolls) from March 1 through March 7: $850 million
Net purchases from March 1 through March 7: $6,000 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 May 0 250 0 0
3.5 Apr 950 1,900 250 1,600
4 Apr 350 650 100 250
15 Year 2.5 May 0 200 0 0
3 Apr 150 200 0 0
Total 1,450 3,200 350 1,850