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 January 5 through January 11: $9,850 million
Sales (dollar rolls) from January 5 through January 11: $1,100 million
Net purchases from January 5 through January 11: $8,750 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
3.5 Feb 1,300 2,300 0 0
3.5 Mar 0 0 200 650
4 Feb 950 1,650 0 0
4 Mar 0 0 150 500
15 Year 3 Feb 700 400 0 0
3 Mar 350 450 0 0
3.5 Mar 100 150 0 0
Total 3,400 4,950 350 1,150