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 August 30 through September 5: $5,200 million
Sales (dollar rolls) from August 30 through September 5: $0 million
Net purchases from August 30 through September 5: $5,200 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
Settlement Month
FHLMC
FNMA
GNMA
GNMA2
30 Year
3 October 400 600 100 200
3 November 250 700 0 200
3.5 September 300 550 0 0
3.5 October 250 600 0 150
3.5 November 0 0 100 150
15 Year 2.5 October 0 100 0 0
2.5 November 150 150 0 0
3 October 100 150 0 0
Total 1,450 2,850 200 700