NY Fed makes technical adjustments to QE; adjusts maturity ranges of asset purchases, extending WAM somewhat to align purchases with outstanding debt; reduces short-end and TIPS purchases modestly

• Allocations across 7-30yr coupons will increase by 3%
• Will distribute monthly purchases across eight sectors based on 12-month average of proportional amount of Treasury securities outstanding

NEW BUCKETS:

• 0-2.25yr at USD 24.9bln/m
• 2.25-4.5yr at USD 16.85/m
• 4.5-7yr at USD 12.05bln/m
• 7-10yr at USD 6.45bln/m
• 10-22.5yr at USD 5.7bln/m
• 22.5-30yr at USD 8.1bln/m
• 1-7.5yr TIPS at USD 4.05bln/m
• 7.5-30yr TIPS at USD 2.45bln/m

link to new schedule

link to old schedule