Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Freddie Mac > News item |
New York Fed buys $946 million agency bonds under purchase program
By Jennifer Chiou
New York, Feb. 19 - The Federal Reserve Bank of New York accepted and purchased $946 million of agency-issued securities with maturities from April 15, 2014 through April 18, 2016, according to its web site.
Holders submitted $3.154 billion of securities for purchase.
The outright agency coupon purchases will settle on Feb. 22.
Fannie Mae notes
The purchases include the following notes issued by Fannie Mae:
• $4 million of 4.125% notes due April 15, 2014;
• $21 million of 4.625% notes due Oct. 15, 2014; and
• $41 million of 5% notes due April 15, 2015.
Freddie Mac notes
The Fed is also purchasing the following notes issued by Freddie Mac:
• $18 million of 5% notes due July 15, 2014;
• $22 million of 4.5% notes due Jan. 15, 2015;
• $711 million of 2.875% notes due Feb. 9, 2015;
• $24 million of 4.375% notes due July 17, 2015;
• $70 million of 4.75% notes due Nov. 17, 2015; and
• $35 million of 5.25% notes due April 18, 2016.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.