Agency Commercial Mortgage-Backed Securities Operation Schedule

Effective March 23, 2020, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to increase the System Open Market Account (SOMA) holdings of agency mortgage-backed securities in the amounts needed to support smooth market functioning. The FOMC directed the Desk to include purchases of agency commercial mortgage-backed securities (agency CMBS) in such purchases.

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)
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) FNMA DUS 6-month prepay protection, WAL 7+ years Multiple Price 6/2/2020 $5 $500
5/19/202011:00 AMGinnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to trancheMultiple Price5/22/2020$5 $250
5/12/202011:00 AMFixed-rate Freddie Mac 10-year K-series DealsA-2 Class, WAL 7+ yearsMultiple Price5/15/2020$5 $500
5/7/202011:00 AMGinnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to trancheMultiple Price5/12/2020$5 $250
5/5/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)FNMA DUS 6-month prepay protection, WAL 7+ yearsMultiple Price5/8/2020$5 $500
4/30/202011:00 AMGinnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to trancheMultiple Price5/5/2020$5 $250
4/28/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)FNMA DUS 6-month prepay protection, WAL 7+ yearsMultiple Price5/1/2020$5 $750
4/23/202011:00 AMGinnie Mae Project LoansGNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to trancheMultiple Price4/28/2020$5 $500
4/21/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)FNMA DUS 6-month prepay protection, WAL 7+ yearsMultiple Price4/24/2020$5 $1,000
4/16/202011:00 AMGinnie Mae Project Loans GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to trancheMultiple Price4/21/2020$5 $500
4/14/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)6-month open period, WAL 7+ yearsMultiple Price4/17/2020$5 $1,500
4/9/202011:00 AMFixed-rate Freddie Mac 10-year K-series DealsA-2 Class, WAL 7+ yearsMultiple Price4/15/2020$5 $750
4/9/202011:00 AMFixed-rate Freddie Mac 10-year K-series DealsA-1 Class, WAL 4+ yearsMultiple Price4/15/2020$5 $250
4/7/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)6-month open period, WAL 7+ yearsMultiple Price4/13/2020$5 $2,000
4/3/202011:00 AMGinnie Mae Project LoansGNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to trancheMultiple Price4/6/2020$5 $500
4/2/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)6-month open period, WAL 7+ yearsMultiple Price4/3/2020$5 $1,500
3/31/202011:00 AMFixed-rate Freddie Mac 10-year K-series DealsA-2 Class, WAL 7+ yearsMultiple Price4/1/2020$5 $1,000
3/27/202011:00 AMFannie Mae Delegated Underwriting and Servicing (FNMA DUS)10/9.5, WAL 7+ yearsMultiple Price3/30/2020$5 $1,000
* deviations above these amounts may occur for operational reasons