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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 21 through February 27: $18,800 million
Sales (dollar rolls) from February 21 through February 27: $0 million
Net purchases from February 21 through February 27: $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  100 
  March  2,200  1,950 
  April  1,500  4,250  550  1,350 
  3.5  March  1,000 
  3.5  April  500  1,050  600 
             
15 YEAR  April  550 
  2.5  April  1,050  1,450 
  April  250  450 
             
TOTAL      5,500  7,850  550  4,900 
Purchases archive ››
Sales archive ››