The FED performed another POMO (Permanent Open Market Operation) Purchase yesterday for $7.306 billion. This brings the total since November 3rd 2010 (when the FED announced the printing of $600/900 billion dollars by June 2011) to $232.317 and since August 17th 2010 to $296.777 billion dollars. Announcements this week by many said the FED may quit early on QE2 and that is certainly possible, becuase the way he is going he will definitely hit $600 billion before June 2011 (either way $600 billion is getting printed).
Operation 1 - RESULTS
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| Operation Date: | 01/14/2011 |
| Operation Type: | Outright Coupon Purchase |
| Release Time: | 10:15 AM |
| Close Time: | 11:00 AM |
| Settlement Date: | 01/18/2011 |
| Maturity/Call Date Range: | 01/31/2015 - 06/30/2016 |
| Total Par Amt Accepted (mlns) : | $7,306 |
| Total Par Amt Submitted (mlns) : | $24,887 |
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