Fed Releases POMO Schedule For Next Two Weeks
Now that the Fed's release of POMO is more of a periodic affair than every Friday, today the NY Fed published its latest POMO schedule for both Treasurys and MBS, covering the period June 26 - July 13.
In line with the recent Fed disclosure that the central bank will purchase about $80 billion in Treasurys monthly, the latest schedule shows an average daily purchase of about $4.5 billion, or $40.2 billion spread over 9 days; for MBS the average daily is nearly identical, at $4.6 billion daily, or $45.6BN spread over 10 days.
Here is the latest summary of Treasury POMOS. Of note: the biggest POMOs will take place on July 6 and June 26, when the Fed will monetize $12.825BN and $8.825BN worth of US debt.
(Click on image to enlarge)
The Agency MBS can be found at the following link.
The visual summary of all TSY/MBS POMO since the start of QE Unlimited on March 13 is shown below.
(Click on image to enlarge)
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Many thanks Tylers again...