fed minutes, 2019-07-31
The manager pro tem updated the Committee on Desk plans to resume CUSIP (Committee on Uniform Securities Identification Procedures) aggregation of SOMA holdings of Fannie Mae and Freddie Mac agency mortgage-backed securities (MBS) to reduce administrative costs and operational complexity, and the Desk expects to release a statement in August with details on the aggregation strategy.
Sentiment: neutral
Topic: financial_stability