Fannie, Freddie receive $46 bln from Treasury

April 02 2009 17:52:13

Fannie, Freddie receive $46 bln from Treasury

Bloomberg

The Treasury payout on Wednesday included a $15.2 billion investment in Fannie’s preferred stock and a $30.8 billion purchase of Freddie’s preferred shares, the companies said in separate filings to the Securities and Exchange Commission. The companies must pay a minimum dividend of 10 percent.

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