MF Global gains approval to underwrite Freddie Mac debt programs

By Angela McDaniels

Tacoma, Wash., Feb. 4 - MF Global Holdings Ltd. has been approved as an official underwriter of Freddie Mac's debt programs, according to an MF Global news release.

This approval allows MF Global Inc. to directly participate in the underwriting of Freddie Mac's debt programs, including discount note window postings, reference bills and medium- and long-term fixed-rate and callable debt.

New York-based MF Global provides execution and clearing services for exchange-traded and over-the-counter derivative products and for products in the cash market. It was formerly known as MF Global Ltd.

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