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 19 through September 25: $15,100 million
Sales (dollar rolls) from September 19 through September 25: $0 million
Net purchases from September 19 through September 25: $15,100 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 Oct 650 1,250 200 700
4 Oct 950 2,550 200 700
4 Nov 900 2,550 200 700
4.5 Nov 150 1,250 0 700
15 Year
2.5 Oct 100 100 0 0
3 Oct 300 500 0 0
3.5 Nov 100 350 0 0
Total 3,150 8,550 600 2,800