The FED performed only one POMO (Permanent Open Market Operation) purchase today in the amount of $2.07 billion dollars. This brings the total since August 17th 2010 to $228.413 billion dollars printed and since Nov 3rd (when the FED announced the printing of $600/900 billion by June 2011) to $163.953 billion dollars. To meet the goal of $600 billion by the end of June 2011, the FED now only has to print $72.67 billion per month or $122.67 billion per month to reach $900 billion (assuming no more printing for the year 2010).
OPERATION 1 - RESULTS
| Operation Date: | 12/22/2010 |
| Operation Type: | Outright Coupon Purchase |
| Release Time: | 10:15 AM |
| Close Time: | 11:00 AM |
| Settlement Date: | 12/23/2010 |
| Maturity/Call Date Range: | 02/15/2021 - 11/15/2027 |
| Total Par Amt Accepted (mlns) : | $2,070 |
| Total Par Amt Submitted (mlns) : | $13,055 |
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