Risk.net

Shifting tack, Goldman bought $6.7bn of agency RMBS in Q1

Purchase of amortised-cost securities is first diversification away from US Treasuries in seven years

  • LinkedIn  
  • Save this article
  • Print this page  

Goldman Sachs acquired $6.7 billion of Ginnie Mae residential mortgage-backed securities (RMBSs) in the first quarter of 2024, breaking from a years-old strategy of primarily filling its securities book with US Treasuries.

The pass-through RMBSs, guaranteed by the Government National Mortgage Association, were all booked as held-to-maturity (HTM), meaning they are shielded from mark-to-market fluctuations but cannot be sold.

!function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Copyright Infopro Digital Limited. All rights reserved.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

More on Risk Quantum

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here