China SAFE Denies Report On Possible Fannie, Freddie Losses
February 11th, 2011
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BEIJING -(Dow Jones)- China’s foreign exchange regulator on Friday denied a media report that said it could face losses of up to $450 billion on its holdings of securities issued by U.S. housing-mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC).
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China SAFE Denies Report On Possible Fannie, Freddie Losses
Categories: 450-billion, Australia, billion-on-its, fannie, Fmcc, holdings, office-units, regulator-on-friday, Second Quarter, the-fiscal, united, year-ending