April 2010 Blog Posts (1)

Russia now allowed to buy American Debt

The Russian government has given two sovereign wealth funds worth $157 billion the green light to begin buying bonds of foreign government agencies. The Russian Finance Ministry told its SWFs yesterday that 15% of their funds can now be used to buy the debt of 15 different international government-backed companies. Two of these companies amazingly are Freddie Mac and Fannie…

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Added by Vance Painter on April 9, 2010 at 11:32pm — No Comments

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