The FED performed another POMO (Permanent Open Market Operation) purchase today for $7.79 billion dollars. This brings the total since August 17th 2010 to $186.775 billion dollars and since the FED announced a $600 billion (really $900 b) on Nov 3rd/4th 2010 it has printed $122.315 billion dollars. According to the schedule the FED was going to target anywhere between $7b - $9b for todays purchase and almost came in the middle of that range. Wednesday the 15th is scheduled another $6 to $8 billion.
OPERATION 1 - RESULTS
Operation Date: | 12/13/2010 |
Operation Type: | Outright Coupon Purchase |
Release Time: | 10:15 AM |
Close Time: | 11:00 AM |
Settlement Date: | 12/14/2010 |
Maturity/Call Date Range: | 06/30/2016 - 11/30/2017 |
Total Par Amt Accepted (mlns) : | $7,790 |
Total Par Amt Submitted (mlns) : | $18,268 |
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