Money Market Funds Boost Holdings of GSE Paper In 3Q16, Still Show Preference for Freddie Mac
November 11, 2016
Money market funds held $114.98 billion of Fannie Mae and Freddie Mac paper at the end of the third quarter, including MBS issued by the two government-sponsored enterprises and debt notes. The September figures represented a 5.7 percent increase from the midway point in the year and an 8.8 percent climb from a year ago. Freddie MBS and debt remained more popular, accounting for 60.1 percent of the sector’s GSE holdings. The data are...[Includes one data table]