Should Sovereign Funds Be Concerned About Fannie Mae?
Posted on 02/20/2016
Sovereign wealth funds, pensions and even central banks have been investors in Fannie Mae-backed securities. In fact, in the late 1970s, one of the largest holders of Fannie Mae securities was the Saudi Arabian Monetary Agency (SAMA). SAMA enjoyed the high-yield at the time, while enjoying shorter terms. Currently, Fannie Mae guarantees around US$ 3 […]