Pimco’s Gross: Fannie, Freddie Bailout is Likely Rather Than Imminent
Wednesday, August 20th, 2008Gross also essentially said federal regulators will delay the bailout until after the election, if possible.
Archive for the ‘Freddie Mac’ Category
FRE, FNM Both Down 28%
Wednesday, August 20th, 2008Freddie Spokeswoman: Can’t Confirm or Deny Meetings with Treasury Today
Wednesday, August 20th, 2008Freddie’s spokeswoman said that, as a general rule, the company won’t reveal details of its executives’ meetings or schedules.
Freddie Officials to Meet with Treasury– WSJ
Wednesday, August 20th, 2008Treasury “In Touch” with FNM, FRE, But No Confirm on Meeting Today –Reports
Wednesday, August 20th, 2008FRE Down 15.7%, FNM Off 12.8% In Early Trade
Wednesday, August 20th, 2008Paulson Declines to Discuss Fannie, Freddie
Tuesday, August 19th, 2008On the Foreign Affairs teleconference, Treasury secretary Paulson deflected an AP question about GSEs Fannie Mae and Freddie Mac, saying he was only on to talk about China.
When asked whether he was concerned about Asian investors investing less in the US, Paulson stressed that monthly flows are always volatile.
FRE Sells $3bln of 5yr Notes @ 4.172% Stop-Out Rate
Tuesday, August 19th, 2008Freddie Mac today priced $3bln of 5yr reference notes to yield 4.172% — 113bps over 5yr Treasuries.
Freddie, Fannie CDS Trading At All-time High of 305 bps –Markit Intraday
Monday, August 18th, 2008Freddie Mac Sells $1bln of 1yr Bills @ 2.940% Stop-Out Rate
Monday, August 18th, 2008Bid-to-cover: 1.75