How much will the face value of domestic securities held in the SOMA vary from the August 4 level of $2.054 trillion?
Total SOMA assets will likely vary around $2.054 trillion to some degree due to differences in settlement dates for purchases of Treasury securities and principal payments on agency debt and agency MBS. As purchases and principal payments settle, the actual face value of domestic securities held in the SOMA may be above or below $2.054 trillion by several billion dollars on any given week.