Bank Of China Reduces Holdings In Fannie Mae And Freddie Mac Securities

The Bank of China has reduced its holdings in securities issued by Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) by 25% since June 30.  Shares of Fannie Mae tumbled $1.11 to close at $6.84 while Freddie Mac stock dropped 77 cents to close at $4.51.

About this Entry

This page contains a single entry by published on August 29, 2008 2:13 PM.

Wind River's Outlook Disappoints was the previous entry in this blog.

Sciele Pharma Receives $1.1 Billion Offer is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12