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)

Disclosure: Copyright ©2009-2020 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with
Chee Hin Teh 4 years ago Member's comment

Many thanks Tylers again...