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Published on 11/9/2009 in the Prospect News Agency Daily.

New York Fed offers to buy 34 agency series under purchase program

By Angela McDaniels

Tacoma, Wash., Nov. 9 - The Federal Reserve Bank of New York is offering to buy debt from 34 series of agency-issued securities with maturities from Nov. 15, 2010 through Oct. 15, 2011, according to its web site.

The outright agency coupon purchase will be carried out on Nov. 10 and settle on Nov. 12.

Fannie Mae notes

The offer includes the following notes issued by Fannie Mae:

• 6.625% notes due Nov. 15, 2010;

• 4.75% notes due Dec. 15, 2010;

• 4.5% notes due Feb. 15, 2011

• 5.5% notes due March 15, 2011;

• 2.75% notes due April 11, 2011;

• 5.125% notes due April 15, 2011;

• 1.375% notes due April 28, 2011;

• 6% notes due May 15, 2011;

• 3.375% notes due May 19, 2011;

• 3.625% notes due Aug. 15, 2011; and

• 5% notes due Oct. 15, 2011.

Freddie Mac notes

The Fed is also offering to purchase the following notes issued by Freddie Mac:

• 2.875% notes due Nov. 23, 2010;

• 1.5% notes due Jan. 7, 2011;

• 4.75% notes due Jan. 18, 2011;

• 3.25% notes due Feb. 25, 2011;

• 5.625% notes due March 15, 2011;

• 2.75% notes due April 11, 2011;

• 5.125% notes due April 18, 2011;

• 1.625% notes due April 26, 2011;

• 6% notes due June 15, 2011;

• 3.875% notes due June 29, 2011;

• 5.25% notes due July 18, 2011; and

• 5.5% notes due Sept. 15, 2011.

FHLB notes

Finally, the offer to purchase also includes the following notes issued by the Federal Home Loan Banks:

• 3.625% notes due Dec. 17, 2010;

• 1.625% notes due Jan. 21, 2011;

• 4.625% notes due Feb. 18, 2011;

• 1.625% notes due March 16, 2011;

• 1.375% notes due May 16, 2011;

• 2.625% notes due May 20, 2011;

• 3.375% notes due June 24, 2011;

• 3.625% notes due July 1, 2011;

• 1.625% notes due July 27, 2011;

• 5.375% notes due Aug. 19, 2011; and

• 3.625% notes due Sept. 16, 2011.


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