By Sheila Mullan
NEW YORK (MNI) – The New York Fed late Wednesday said it had
released additional information on the Maiden Lane Portfolios.
The Bank issued a statement saying it has “expanded the information
that it makes available to the public related to the Maiden Lane
portfolios” and that the “new information includes nearly all of the
holdings of Maiden Lane LLC (ML) with the exception of residential whole
loans as that would violate individual borrowers’ privacy and all of the
holdings of Maiden Lane II LLC (MLII) and Maiden Lane III LLC (ML III).”
The information had been contained in a few long documents made
available by the Fed, but one of the documents alone amounted to 131
pages, so there were lots of details including the description of the
affected debt securities, the amount of principal/notional amount and
the CUSIP number of the security.
The links are below:
http://www.newyorkfed.org/newsevents/news/markets/2010/ma100331.html
Analysts contacted by Market News International had just become
aware of the deveopment and broader details thus had no comment
immediately as studying the affected securities; it was the same
situation with debt fund managers.
— By Sheila Mullan, email: smullan@marketnews.com, Tel: 212-669-6432
** Market News International New York Newsroom: 212-669-6430 **
[TOPICS: M$U$$$,MMUFE$,MGU$$$,MFU$$$]