Since 5pm "Going Out" Marks...

FN30_________________________________

FN 4.0 -------->>>> +0-06   to  100-02   from 99-28

FN 4.5 -------->>>> +0-03   to 101-26  from 101-23

FN 5.0 -------->>>> +0-03   to 102-31  from 102-28

FN 5.5 -------->>>> +0-02  to 103-22  from 103-20

FN 6.0 -------->>>> +0-02   to 104-17  from 104-15

GN30__________________________________ 

GN 4.0 -------->>>> +0-06  to 100-08   from 100-02

GN 4.5 -------->>>> +0-03   to 102-03   from 102-00

GN 5.0 -------->>>> +0-04  to 103-18  from 103-14

GN 5.5 -------->>>> +0-02   to 103-30   from 103-28

GN 6.0 -------->>>> +0-02   to 104-10  from 104-08

In the 5 day period between April 16 and April 22 the Federal Reserve purchased a net total of $26.2bn Agency MBS coupons.

21.26% were Freddie Mac Coupons           34.16% were 4.0s

75.69% were Fannie Mae Coupons            65.07% were 4.5s

3.05% were Ginnie Mae Coupons              0.23% were 5.0s

                                                                                0.53% were 5.5s

The daily average of Fed purchases for the last week was $5.24bn per day....more than adequate to cover originator supply.

Here is a chart illustrating the evolution of the Fed's Agency MBS Purchase Program....notice the week of February 12 that the Fed began focusing their purchase efforts in 4.0 and 4.5 coupons