Economic Charts

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Thursday, September 30, 2010

Pomo Purchase

The Fed initiated another POMO (Permanent Open Market Operation) purchase.  This where the Fed purchases treasuries from its primary dealers infusing them with cash.  Today, the Fed purchased $2.2 Billion.

Operation 1 - RESULTS
Operation Date:   09/30/2010
Operation Type:   Outright Coupon Purchase
Release Time:   10:15 AM
Close Time:   11:00 AM
Settlement Date:   10/01/2010
Maturity/Call Date Range:   02/15/2021 - 08/15/2040
Total Par Amt Accepted (mlns) : $2,200
Total Par Amt Submitted (mlns) : $11,499

This brings the total POMO purchase for the month of Sep10 to $27.527 Billion dollars and Aug10 to $8.925 Billion for a grand total in 2 months of this year (as they started POMO back up in Aug10) to $36.452 Billion.

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