The Federal Reserve's aggressive bond purchases, $85 billion a month in mortgage and U.S. Treasury securities, have gone off without a hitch so far, and have not adversely impacted market functioning, the official responsible for implementing the central bank's balance sheet policies said Friday.

In remarks prepared for delivery at a meeting with primary dealers in New York, New York Fed EVP Simon Potter, head of the Markets Group, sought to underline the Fed's commitment to ensuring that its large scale asset purchases are and do not place undue pressure on the markets.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.