/FED: The Fed's System Open Market Desk......>

US MBS: /FED: The Fed's System Open Market Desk "plans to purchase a maximum of

$8.1 billion in agency MBS over the period beginning Dec. 14, 2017 on FedTrade."

(That compared with a maximum $12.9B in Agency MBS to be bought in pd from Nov.

29th-Dec. 13t.

- "The next release of the tentative agency MBS operation schedule will be at 3

PM on Thursday, Dec. 28, 2017 for the period beginning Dec. 29, 2017," the NY

Fed said.

- "As an operational note, the Desk does not plan to conduct agency MBS

operations between Dec. 22, 2017 and Jan. 1, 2018," the Fed said. "Instead, the

Desk will purchase the reinvestment amount through more frequent or larger

operations from December 14, 2017 through Dec. 21, 2017 and from Jan. 2, 2018

through January 12, 2018. Purchases on these days, and throughout the period,

will continue to be guided by general MBS market conditions, including market

liquidity and demand conditions."