Today the Federal Reserve Bank of New York bought $1.379 billion in Treasury debt that are maturing from 2012 to 2013 in an outright coupon purchase.

The central bank had listed 31 Treasuries for possible purchase with a release time of 10:15 a.m. and a close time of 11 a.m. New York time.

The total par amount submitted was $30.162 million, the New York Fed stated in a release today.

The Fed announced back in August that the central bank would buy Treasurys by using the proceeds from maturing MBS to support the economic recovery.

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