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 October 11 through October 17: $16,400 million
Sales (dollar rolls) from October 11 through October 17: $0 million
Net purchases from October 11 through October 17: $16,400 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
2.5 December 0 200 0 0
3 November 2,850 6,100 300 1,800
3 December 0 0 100 400
3.5 November 200 400 0 400
3.5 December 0 0 100 100
15 Year
2 December 0 250 0 0
2.5 November 1,100 1,850 0 0
3 November 100 150 0 0
Total 4,250 8,950 500 2,700
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