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 September 5 through September 11: $16,500 million
Sales (dollar rolls) from September 5 through September 11: $1,000 million
Net purchases from September 5 through September 11: $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
3.5 Sep 200 300 0 200
3.5 Oct 600 1,000 250 700
4 Oct 1,800 4,800 450 1,500
4.5 Nov 400 700 0 1,050
15 Year
2.5 Sep 150 150 0 0
3 Sep 200 300 0 0
3 Oct 0 100 0 0
3.5 Oct 200 1,250 0 0
3.5 Nov 0 200 0 0
Total 3,550 8,800 700 3,450
By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close