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Monday, January 3, 2011

FED POMO Purchase

The FED performed another POMO (Permanent Open Market Operation) purchase today in the amount of $7.79 billion dollars.  This brings the total since November 3rd (when the FED announced  printing $600/900 billion dollars) to $183.91 billion.  

OPERATION 1 - RESULTS
Operation Date:01/03/2011
Operation Type:Outright Coupon Purchase
Release Time:10:15 AM
Close Time:11:00 AM
Settlement Date:01/04/2011
Maturity/Call Date Range:02/15/2018 - 08/15/2020
Total Par Amt Accepted (mlns) :$7,790
Total Par Amt Submitted (mlns) :$17,004

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