US agency storms Europe

Liquidity is key to Freddie Mac's debut €5bn reference note issue

Deal of the Quarter

Freddie Mac, a US government-sponsored enterprise (GSE) that refinances mortgages, took Europe by storm in September. The agency launched the first deal of an ambitious €20bn ($17bn) reference note programme, making it the first borrower to have liquid issuing programmes in more than one reserve currency.

WSJ Logo
Inside the Wall Street Recruitment Wars Pitting Banks Against Buyout FirmsExternal link

Inside the Wall Street Recruitment Wars Pitting Banks Against Buyout Firms