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Published on 12/3/2009 in the Prospect News Agency Daily.

New York Fed offers to buy 22 agency series under purchase program

By Angela McDaniels

Tacoma, Wash., Dec. 3 - The Federal Reserve Bank of New York is offering to buy debt from 22 series of agency-issued securities with maturities from Dec. 11, 2013 through April 18, 2016, according to its web site.

The outright agency coupon purchase will be carried out on Dec. 4 and settle on Dec. 7.

Fannie Mae notes

The offer includes the following notes issued by Fannie Mae:

• 2.875% notes due Dec. 11, 2013;

• 2.75% notes due March 13, 2014;

• 4.125% notes due April 15, 2014;

• 2.5% notes due May 15, 2014;

• 3% notes due Sept. 16, 2014;

• 4.625% notes due Oct. 15, 2014;

• 2.625% notes due Nov. 20, 2014;

• 5% notes due April 15, 2015;

• 4.375% notes due Oct. 15, 2015; and

• 5% notes due March 15, 2016.

Freddie Mac notes

The Fed is also offering to purchase the following notes issued by Freddie Mac:

• 2.5% notes due Jan. 7, 2014;

• 4.5% notes due Jan. 15, 2014;

• 2.5% notes due April 23, 2014;

• 5% notes due July 15, 2014;

• 3% notes due July 28, 2014;

• 4.5% notes due Jan. 15, 2015;

• 4.375% notes due July 17, 2015;

• 4.75% notes due Nov. 17, 2015;

• 4.75% notes due Jan. 19, 2016; and

• 5.25% notes due April 18, 2016.

FHLB notes

Finally, the offer to purchase also includes the 5.25% notes due June 18, 2014 and 5.5% notes due Aug. 13, 2014 issued by the Federal Home Loan Banks.


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