Economic Charts

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Friday, December 3, 2010

FED POMO Purchase Update

The FED Performed another POMO Purchase today of $6.810 billion dollars.  This brings the total since August 17th 2010 to $160.192 billion dollars printed.  Precious metals definitely not keeping up with this constant devaluation of the dollar through printing.
Operation 1 - RESULTS
Operation Date:12/03/2010
Operation Type:Outright Coupon Purchase
Release Time:10:15 AM
Close Time:11:00 AM
Settlement Date:12/06/2010
Maturity/Call Date Range:06/15/2013 - 11/30/2014
Total Par Amt Accepted (mlns) :$6,810
Total Par Amt Submitted (mlns) :$21,668

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