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Bond fund titan seeks $5bn for mortgage-backed debts

 
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Deuel
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Joined: 01 May 2006
Posts: 4779
PostPosted: Thu Aug 28, 2008 3:08 am    Post subject: Bond fund titan seeks $5bn for mortgage-backed debts Reply with quote
Pimco, the manager of the world's largest bond fund, is looking to raise a $5bn fund to buy up tranches of depressed mortgage-backed debt.

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