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Fed MBS Purchases Rise as Balance Sheet Shrinks 

Mar 13, 2009By

The Federal Reserve purchased $61.4 billion in mortgage-backed securities from government-sponsored entities Fannie Mae [stock FNM][/stock], Freddie Mac [stock FRE][/stock] and Ginnie Mae in the week ending March 11. The Federal Reserve Bank of New York, in reporting the details of the purchases Thursday, also announced the second weekly batch of coupon sales along with purchases.

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