N.Y. Fed invites dealers to Maiden Lane III auction

04/19/2012 | Financial Times (tiered subscription model) · Reuters · Bloomberg

The Federal Reserve Bank of New York has invited eight dealers to participate in an auction for commercial real estate securities with a face value of $7.5 billion. The collateralized debt obligations are part of the Maiden Lane III portfolio that the central bank took over from American International Group during the insurer's rescue.

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Financial Times (tiered subscription model) · Reuters · Bloomberg

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