The FED has done another POMO (Permanent Open Market Operations) purchase today. The purchases seem to be getting closer together. Today the FED purchased $5.419 billion in Treasuries bringing the grand total since August 17th 2010 to $96.056 billion dollars.
OPERATION 1 - RESULTS
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| Operation Date: | 11/16/2010 |
| Operation Type: | Outright Coupon Purchase |
| Release Time: | 10:15 AM |
| Close Time: | 11:00 AM |
| Settlement Date: | 11/17/2010 |
| Maturity/Call Date Range: | 05/31/2012 - 05/15/2013 |
| Total Par Amt Accepted (mlns) : | $5,419 |
| Total Par Amt Submitted (mlns) : | $33,527 |
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