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 June 7 through June 13: $6,400 million
Sales (dollar rolls) from June 7 through June 13: $400 million
Net purchases from June 7 through June 13: $6,000 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 August 250 850 100 0
3.5 July 1,150 2,400 0 0
3.5 August 0 0 150 550
4 July 400 0 0 0
15 Year 2.5 August 150 250 0 0
3 July 50 100 0 0
Total 2,000 3,600 250 550