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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 January 24 through January 30: $18,600 million
Sales (dollar rolls) from January 24 through January 30: $1,000 million
Net purchases from January 24 through January 30: $17,600 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 
March 
100  200  200 
 
March 
3,550  4,300  600  3,700 
  3.5 
March 
250  1,500  100  600 
   
 
       
15 YEAR 
March 
250 
  2.5 
March 
1,100  1,950 
 
March 
100  100 
             
TOTAL      5,100  8,300  700  4,500 
Purchases archive ››
Sales archive ››