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 July 26 through August 1: $6,500 million
Sales (dollar rolls) from July 26 through August 1: $0 million
Net purchases from July 26 through August 1: $6,500 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
Settlement Month
FHLMC
FNMA
GNMA
GNMA2
30 Year
3 September 800 1,650 200 200
3 October 200 400 0 150
3.5 August 500 1,050 0 0
3.5 September 100 150 100 100
3.5 October 0 0 0 150
15 Year 2.5 September 250 350 0 0
3 September 0 150 0 0
Total 1,850 3,750 300 600