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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 February 7 through February 13: $20,600 million
Sales (dollar rolls) from February 7 through February 13: $1,800 million
Net purchases from February 7 through February 13: $18,800 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 
150 
 
March 
3,500  4,300  550  3,400 
  3.5 
March 
2,050  250  1,500 
  3.5 
April 
200  950 
   
 
       
15 YEAR 
March 
300 
  2.5 
March 
1,150  1,950 
 
March 
100  250 
   
 
       
TOTAL      7,000  7,900  800  4,900 
Purchases archive ››
Sales archive ››