Agency MBS Transaction Summary

On September 13, 2012, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to begin purchasing additional agency MBS at a pace of $40 billion per month. The FOMC also directed the Desk to maintain its existing policy of reinvesting principal payments from the Federal Reserve's holdings of agency debt and agency MBS in agency MBS. 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.

Gross purchases from July 25 through July 31: $15,500 million
Sales (dollar rolls) from July 25 through July 31: $0 million
Net purchases from July 25 through July 31: $15,500 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 Aug 700 1,150 200 600
3.5 Aug 1,100 2,000 300 1,100
3.5 Sep 500 750 0 0
4 Aug 600 1,100 0 0
4 Sep 650 1,400 150 900
15 Year
2.5 Aug 350 450 0 0
3 Aug 150 350 0 0
3 Sep 200 400 0 0
3.5 Sep 100 300 0 0
Total 4,350 7,900 650 2,600