Agency Commercial Mortgage-Backed Securities Operation Schedule
The New York Fed’s Open Market Trading Desk (the Desk) purchases agency CMBS to sustain the smooth functioning of the agency CMBS market, thereby fostering effective transmission of monetary policy to broader financial conditions. The Desk will purchase in the open market agency CMBS secured primarily by multifamily home mortgages that are guaranteed fully as to principal and interest by Fannie Mae, Freddie Mac, and Ginnie Mae and that the Desk has determined are suitable for purchase.
The operation schedule and parameters are subject to change.
| OPERATION DATE | OPERATION TIME | SECURITY TYPE | SECURITY DETAILS | OPERATION TYPE | SETTLEMENT DATE | MINIMUM LOT SIZE (MILLION) |
MAXIMUM PURCHASE AMOUNT* (MILLION) |
|---|---|---|---|---|---|---|---|
| 8/11/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 5+ years | Multiple Price | 8/14/2020 | $2.5 | $500 |
| 8/4/2020 | 11:00 AM | Fixed-rate Freddie Mac 10-year K-series Deals | A-2 Class, WAL 5+ years | Multiple Price | 8/7/2020 | $2.5 | $500 |
| 7/28/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 5+ years | Multiple Price | 7/31/2020 | $2.5 | $500 |
| 7/21/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 7/24/2020 | $2.5 | $250 |
| 7/14/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 5+ years | Multiple Price | 7/17/2020 | $2.5 | $500 |
| 7/7/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 7/10/2020 | $5 | $250 |
| 6/30/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 7/6/2020 | $5 | $500 |
| 6/23/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 6/26/2020 | $5 | $250 |
| 6/16/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 6/19/2020 | $5 | $500 |
| 6/9/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 6/12/2020 | $5 | $500 |
| 6/2/2020 | 11:00 AM | Fixed-rate Freddie Mac 10-year K-series Deals | A-2 Class, WAL 5+ years | Multiple Price | 6/5/2020 | $5 | $500 |
| 5/28/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 6/2/2020 | $5 | $500 |
| 5/19/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 5/22/2020 | $5 | $250 |
| 5/12/2020 | 11:00 AM | Fixed-rate Freddie Mac 10-year K-series Deals | A-2 Class, WAL 7+ years | Multiple Price | 5/15/2020 | $5 | $500 |
| 5/7/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 5/12/2020 | $5 | $250 |
| 5/5/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 5/8/2020 | $5 | $500 |
| 4/30/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 5/5/2020 | $5 | $250 |
| 4/28/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 5/1/2020 | $5 | $750 |
| 4/23/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 4/28/2020 | $5 | $500 |
| 4/21/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | FNMA DUS 6-month prepay protection, WAL 7+ years | Multiple Price | 4/24/2020 | $5 | $1,000 |
| 4/16/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 4/21/2020 | $5 | $500 |
| 4/14/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | 6-month open period, WAL 7+ years | Multiple Price | 4/17/2020 | $5 | $1,500 |
| 4/9/2020 | 11:00 AM | Fixed-rate Freddie Mac 10-year K-series Deals | A-2 Class, WAL 7+ years | Multiple Price | 4/15/2020 | $5 | $750 |
| 4/9/2020 | 11:00 AM | Fixed-rate Freddie Mac 10-year K-series Deals | A-1 Class, WAL 4+ years | Multiple Price | 4/15/2020 | $5 | $250 |
| 4/7/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | 6-month open period, WAL 7+ years | Multiple Price | 4/13/2020 | $5 | $2,000 |
| 4/3/2020 | 11:00 AM | Ginnie Mae Project Loans | GNR pass-through or front sequential, WAL 3+ years, prepay penalty does not accrue to tranche | Multiple Price | 4/6/2020 | $5 | $500 |
| 4/2/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | 6-month open period, WAL 7+ years | Multiple Price | 4/3/2020 | $5 | $1,500 |
| 3/31/2020 | 11:00 AM | Fixed-rate Freddie Mac 10-year K-series Deals | A-2 Class, WAL 7+ years | Multiple Price | 4/1/2020 | $5 | $1,000 |
| 3/27/2020 | 11:00 AM | Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) | 10/9.5, WAL 7+ years | Multiple Price | 3/30/2020 | $5 | $1,000 |
* deviations above these amounts may occur for operational reasons
