The Federal Reserve purchased $14.1 billion of agency mortgage-backed securities over the past week, according to a report Barclays released Thursday.
Also during the week, the Fed sold $1.6 billion of the conventional 30-year 3.5% February-March dollar roll. (In dollar rolls, MBS are simultaneously sold for the near-month settlement but purchased back for the forward-month settlement.)
The report also shows the number of net purchases of MBS since the Fed began its
The breakdown by issuer during that period is as follows: Fannie Mae, 53%; Freddie Mac, 26%; and Ginnie Mae, 21%. The breakdown by product type is conventional 30-year product, 59%; Ginnie Mae 30-year product, 21%; and conventional 15-year product, 19%.
