N.Y. Fed reportedly seeks offers for AIG mortgage bonds

02/5/2012 | Bloomberg

The Federal Reserve Bank of New York is looking to sell more of the mortgage bonds it assumed in the rescue of American International Group, sources said. The bond auction could involve about $6 billion in debt, one of the sources said. The Fed recently sold more than $7 billion in AIG mortgage securities to Credit Suisse.

View Full Article in:

Bloomberg

Published in Briefs: