NY Fed: Desk plans to conduct approximately $16.5 billion in reinvestment purchases between June 12 - July 13

The New York Fed’s Open Market Trading Desk has announced plans to conduct approximately $16.5 billion in reinvestment purchases between June 12 and July 13, 2026. These purchases are part of the Federal Reserve’s ongoing efforts to maintain an ample level of reserves in the banking system and support smooth functioning in financial markets. The operations will involve reinvesting principal payments received from the Federal Reserve’s holdings of agency securities into Treasury bills, as directed by the Federal Open Market Committee (FOMC).

The Desk’s tentative monthly operation amounts are based on previously announced FOMC directives and do not reflect any changes in the current monetary policy stance. The operations are scheduled to continue the reinvestment of principal payments from agency debt and agency mortgage-backed securities (MBS) into Treasury securities, ensuring that the System Open Market Account (SOMA) holdings remain aligned with the FOMC’s policy objectives.

Historical operational results, including transaction prices and other relevant details, will be published at the end of the monthly period. These results provide transparency into the Fed’s market operations and help market participants understand the scale and timing of interventions.

The announcement underscores the Fed’s commitment to maintaining liquidity and supporting stable financial conditions, particularly in the context of evolving economic and geopolitical uncertainties. Investors and financial professionals are encouraged to monitor the Fed’s operations and statements for insights into broader monetary policy developments.