TITLE

NCUA Launches Biggest Offering Of Corp Bonds

AUTHOR(S)
Roberts, Ed
PUB. DATE
November 2010
SOURCE
Credit Union Journal;11/15/2010, Vol. 14 Issue 46, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. National Credit Union Administration (NCUA) has launched almost 5.4 billion dollars of NCUA Guaranteed Bonds from mortgage-backed securities (MBS) comprised of cash flows from failed corporate credit unions, making them responsible for additional losses on the bonds.
ACCESSION #
55238547

 

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