Between February 20 and February 27, the Federal Reserve's balance sheet decreased by $4.3 billion. The overall size of the balance sheet was essentially unchanged at $3.1 trillion.

Federal Reserve Assets (Uses of Funds)

Additional detail:

  • Treasuries increased by $13.1 billion and agency debt while MBS decreased by $17.8 billion.
  • Central bank liquidity swaps decreased by $1 billion.
  • According to the New York Fedâ??s tentative outright Treasury operation schedule, the Desk plans to purchase approximately $45 billion in Treasury securities over the month of March.