Agency MBS Transaction Summary

The Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to purchase additional agency mortgage-backed securities (MBS) and longer-term Treasury securities (see http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm for the most recent FOMC statement). The FOMC also directed the Desk to maintain its existing policies of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS in agency MBS and of rolling over maturing Treasury securities at auction. 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.

For more information on Treasury purchases, please see Frequently Asked Questions for purchases of Longer-term Treasury Securities.

Gross purchases from January 23 through January 29: $12,600 million
Sales (dollar rolls) from January 23 through January 29: $0 million
Net purchases from January 23 through January 29: $12,600 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
3.5 Feb 600 1,100 0 600
4 Feb 2,150 4,550 0 1,500
4.5 Feb 100 100 0 0
4.5 Mar 0 200 0 150
15 Year
2.5 Feb 0 100 0 0
3 Feb 400 650 0 0
3.5 Feb 0 100 0 0
3.5 Mar 100 200 0 0
Total 3,350 7,000 0 2,250
*Does not include trades associated with small value exercises.