Fannie Mae pulls €15bn in bonds from Irish Stock Exchange

The giant US mortgage agency Fannie Mae has joined a number of major financial firms in pulling its bonds from the Irish Stock Exchange.

Fannie Mae – officially the Federal National Mortgage Association – pulled debt securities worth around $15 billion because of changes in the European regulatory framework which have made it more burdensome for non-EU firms to list financial instruments on European exchanges.

A spokesman for Fannie Mae told The Sunday ...