New York Fed buys $2.02 billion of agency bonds under purchase program

By Angela McDaniels

Tacoma, Wash., Nov. 23 - The Federal Reserve Bank of New York accepted and purchased $2,017,000,000 of agency-issued securities with maturities from Nov. 23, 2011 through Oct. 18, 2013, according to its web site.

Holders submitted $5,763,000,000 of securities for purchase.

The outright agency coupon purchases will settle on Nov. 24.

Fannie Mae notes

The purchases include the following notes issued by Fannie Mae:

• $156 million of 1% notes Nov. 23, 2011;

• $199 million of 2% notes due Jan. 9, 2012;

• $17 million of 5% notes due Feb. 16, 2012;

• $17 million of 6.125% notes due March 15, 2012;

• $31 million of 1.875% notes due April 20, 2012;

• $17 million of 4.875% notes due May 18, 2012;

• $135 million of 1.75% notes due Aug. 10, 2012;

• $4 million of 4.375% notes due Sept. 15, 2012;

• $102 million of 4.75% notes due Nov. 19, 2012;

• $65 million of 3.625% notes due Feb. 12, 2013;

• $1 million of 4.375% notes due March 15, 2013; and

• $32 million of 3.25% notes due April 9, 2013.

Freddie Mac notes

The Fed is also purchasing the following notes issued by Freddie Mac:

• $148 million of 4.75% notes due March 5, 2012;

• $61 million of 2.125% notes due March 23, 2012;

• $70 million of 1.75% notes due June 15, 2012;

• $45 million of 5.5% notes due Aug. 20, 2012;

• $68 million of 2.125% notes due Sept. 21, 2012;

• $69 million of 4.5% notes due Jan. 15, 2013;

• $57 million of 3.75% notes due June 28, 2013; and

• $5 million of 4.5% notes due July 15, 2013.

FHLB notes

In addition, the Fed is purchasing the following notes issued by the Federal Home Loan Banks:

• $1 million of 5.75% notes due May 15, 2012;

• $46 million of 1.875% notes due June 20, 2012;

• $98 million of 1.75% notes due Aug. 22, 2012;

• $8 million of 1.625% notes due Sept. 26, 2012;

• $42 million of 4.625% notes due Oct. 10, 2012;

• $100 million of 1.625% notes due Nov. 21, 2012;

• $157 million of 3.625% notes due May 29, 2013;

• $100 million of 5.125% notes due Aug. 14, 2013; and

• $166 million of 3.625% notes due Oct. 18, 2013.

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