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Federal Housing Finance Agency Director Bill Pulte confirmed a $3 billion mortgage bond purchase occurred Friday, the day after President Trump ordered a $200 billion buy to lower housing costs. Pulte also stated that the privatization of Freddie Mac and Fannie Mae remains a possibility, though he did not provide a timeline for the full $200 billion purchase.
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News and Media
Argentina has successfully paid $4.3 billion to sovereign bondholders, meeting its January 9 deadline. This crucial payment, despite low foreign reserves, aims to boost investor confidence and reopen international capital markets. The government is keen to signal stability as more significant repayments loom, including to the IMF. Analysts are watching for a positive market reaction and potential reserve rebuilding.
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Techno Paints and Chemicals is planning a Rs 500 crore IPO next fiscal year and has appointed Sachin Tendulkar as its brand ambassador for three years. The paint manufacturer aims to strengthen its national presence and expand its operations across India and into the Middle East.
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