Freddie’s $3bn two year oversubscribed as central banks show faith in GSEs
Freddie Mac successfully sold a $3bn two year Reference Note yesterday (Thursday), drawing sighs of relief from the market at large. The global take-up, particularly by central banks, showed that international debt buyers believe both Fannie Mae and Freddie Mac will continue to benefit from the full support — albeit implicit — of the US government.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts