Fannie Mae fighting shy


Anybody hoping that the US government-sponsored enterprise (GSE), Fannie Mae, was planning to use last month’s nineteenth annual European debt and equity investor visit to unveil a euro-denominated benchmark programme, à la Freddie Mac, would have been disappointed.

To those that wonder why Fannie is so reluctant to step into the footsteps of Freddie, and in turn leverage off the marketing work that its stable companion has done in Europe since September 2000, the response was the usual Fanni

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