Agency Commercial Mortgage-Backed Securities Operation Schedule

The New York Fed's Open Market Trading Desk (the Desk) purchases agency CMBS to sustain the smooth functioning of the agency CMBS market, thereby fostering effective transmission of monetary policy to broader financial conditions. The Desk will purchase in the open market agency CMBS secured primarily by multifamily home mortgages that are guaranteed fully as to principal and interest by Fannie Mae, Freddie Mac, and Ginnie Mae and that the Desk has determined are suitable for purchase.

The operation schedule and parameters are subject to change.

Operation Date Operation Time Security Type Security Details Operation Type Settlement Date Minimum Lot Size
(million)
Maximum Purchase Amount*
(million)
10/20/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 10/23/2020 $1 $500
10/15/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 10/20/2020 $1 $250
10/6/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 10/9/2020 $1 $500
9/29/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 5+ years Multiple Price 10/2/2020 $1 $500
9/22/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 9/25/2020 $1 $500
9/17/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 9/22/2020 $2.5 $250
9/10/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 9/15/2020 $2.5 $500
9/1/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 5+ years Multiple Price 9/4/2020 $2.5 $500
8/25/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 8/28/2020 $2.5 $500
8/18/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 8/21/2020 $2.5 $250
8/11/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 8/14/2020 $2.5 $500
8/4/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 5+ years Multiple Price 8/7/2020 $2.5 $500
7/28/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 7/31/2020 $2.5 $500
7/21/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 7/24/2020 $2.5 $250
7/14/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 5+ years Multiple Price 7/17/2020 $2.5 $500
7/7/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 7/10/2020 $5 $250
6/30/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 7/6/2020 $5 $500
6/23/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 6/26/2020 $5 $250
6/16/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 6/19/2020 $5 $500
6/9/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 6/12/2020 $5 $500
6/2/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 5+ years Multiple Price 6/5/2020 $5 $500
5/28/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 6/2/2020 $5 $500
5/19/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 5/22/2020 $5 $250
5/12/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 7+ years Multiple Price 5/15/2020 $5 $500
5/7/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 5/12/2020 $5 $250
5/5/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 5/8/2020 $5 $500
4/30/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 5/5/2020 $5 $250
4/28/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 5/1/2020 $5 $750
4/23/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 4/28/2020 $5 $500
4/21/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 4/24/2020 $5 $1,000
4/16/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 4/21/2020 $5 $500
4/14/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 4/17/2020 $5 $1,500
4/9/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 7+ years Multiple Price 4/15/2020 $5 $750
4/9/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-1 Class, WAL 4+ years Multiple Price 4/15/2020 $5 $250
4/7/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 4/13/2020 $5 $2,000
4/3/2020 11:00 AM Ginnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche Multiple Price 4/6/2020 $5 $500
4/2/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 6-month open period, WAL 7+ years Multiple Price 4/3/2020 $5 $1,500
3/31/2020 11:00 AM Fixed-rate Freddie Mac 10-year K-series Deals A-2 Class, WAL 7+ years Multiple Price 4/1/2020 $5 $1,000
3/27/2020 11:00 AM Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) 10/9.5, WAL 7+ years Multiple Price 3/30/2020 $5 $1,000
* deviations above these amounts may occur for operational reasons