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Tuesday, December 7, 2010

FED POMO Update

The FED performed another POMO (Permanent Open Market Operation) purchase today in the amount of $6.810 billion dollars.  This brings the cumulative amount since August 17th 2010 to $169.046 billion dollars and since November 3rd announcement of that he will print $600 billion dollars by Jun 2011 the cumulative total is $104.586 billion dollars.
Operation 1 - RESULTS
Operation Date:12/07/2010
Operation Type:Outright Coupon Purchase
Release Time:10:15 AM
Close Time:11:00 AM
Settlement Date:12/08/2010
Maturity/Call Date Range:12/31/2014 - 05/31/2016
Total Par Amt Accepted (mlns) :$6,810
Total Par Amt Submitted (mlns) :$16,424

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