Fannie Mae-No Politics (FNMA)

[pierre009]

US: CBO issued an update on Tsy's debt limit, saying extraordinary measures
could extend the drop-dead data to Oct or Nov, and explaining what they are. CBO
also noted "Fannie Mae(FNMA) is expected to make an unusually large cash payment of
$60 billion to the Treasury on June 28. CBO also anticipates that Freddie Mac(FMCC)
will make a payment of around $25 billion in the near future." See the report at
http://www.cbo.gov/publication/44324