Freddie Mac is maneuvering to attract a greater share of international investors by offering the first euro-denominated discount note program by a secondary mortgage market agency.

Freddie has started issuing short-term "euro commercial paper" to take advantage of demand in Europe for high-quality debt and build its reputation with European investors. SBC Warburg Dillon Read arranged the program and is the sole dealer.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.