PPIP puchases just $3.4bn MBSs in first three months

us treasury

The US Treasury’s Public-Private Investment Programme (PPIP) purchased just $3.4 billion of mortgage-backed securities (MBSs) in its first quarter of operation, despite the fact that approved money managers had access to more than seven times that sum in public and private capital.

In its first quarterly report on the progress of the Legacy Securities Scheme – the federal programme to allow private sector investment managers to purchase non-agency residential mortgage-backed securities (RMBSs)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here