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

Mortgage agency takes measure over EU rules

Barry J Whyte

Chief Feature Writer @whytebarry
5th February, 2017

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 Business Post that,...

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