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Freddie Mac names dealers for €20bn funding programme

US mortgage finance agency Freddie Mac unveiled an unexpectedly inclusive list of dealers authorised to underwite bonds launched off its €20bn EuroReference Notes Programme.

The government-sponsored agency announced two weeks ago that it planned to sell €5bn (£3bn) benchmark bonds in Europe every financial quarter, starting in September. Deutsche Bank, Schroder Salomon Smith Barney and UBS Warburg arranged the programme.

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