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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 May 9 through May 15: $17,300 million
Sales (dollar rolls) from May 9 through May 15: $2,200 million
Net purchases from May 9 through May 15: $15,100 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  June  200 
  2.5  July  350 
  June  3,500  5,350  350  1,600 
  3.5  June  450  1,000  250 
             
15 YEAR  June  100  200 
  July  450  750 
  2.5  June  750  1,100 
  June  900 
             
TOTAL      5,700  8,200  1,350  2,050 
Purchases archive ››
Sales archive ››