US Treasury to offload $142 billion in agency MBS
The US Treasury on Monday said it would sell its remaining stock of mortgage-backed securities (MBSs) of Fannie Mae and Freddie Mac, two government-sponsored enterprises, bought as part of its crisis intervention measures in response to the financial crisis.
The Treasury said it would begin the orderly wind-down of its agency MBS portfolio, valued at $142 billion as of mid-March, at a rate of $10 billion a month. "We're continuing to wind down the emergency programmes that were put in place in
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