ChineseEnglish
    SAFE News
    • Index number:
      000014453-2019-0038
    • Dispatch date:
      2011-02-11
    • Publish organization:
      State Administration of Foreign Exchange
    • Exchange Reference number:
    • Name:
      An Interview with the SAFE on Media Coverage Concerning LossesIncurred due to Chinas Bond Investments in Fannie Mae and Freddie Mac
    An Interview with the SAFE on Media Coverage Concerning LossesIncurred due to Chinas Bond Investments in Fannie Mae and Freddie Mac

    Recently there has been media coverage indicating that China may suffer huge losses from its investments in bonds issued by the U.S.-based Fannie Mae and Freddie Mac, and the losses may amount to 450 billion U.S. dollars. An interview was conducted on relevant issues by officials of the SAFE.

    Q: There has been media coverage that China may suffer great losses from its investments in bonds issued by the U.S.-based Fannie Mae and Freddie Mac, and the amount may reach up to USD450 billion. Is this true? If so,  what is the actual amount?

    A: The white paper concerning the reform of Fannie Mae and Freddie Mac soon to be issued by the U.S. Treasury Department has aroused widespread concern that China may suffer losses in its foreign exchange reserves. There has been media coverage indicating that the lossesmay amount to 450 billion U.S. dollars. These reports are utterly groundless.

    Up to now there have been smooth capital repayments with interest from Chinas bond investments in Fannie Mae and Freddie Mac by capitalizing on the foreign exchange reserves. No losses have been incurred. Based on the relevant indices that are widely used by the market, during the three years from 2008 to 2010, Chinas annual average rate of return on its bond investments in Fannie Mae and Freddie Mac hovered around 6%. The country has never allocated its foreign exchange reserves for stock investment in Fannie Mae and Freddie Mac. So the decline in the stock price and the delisting of the stocks of the two companies have no effect on Chinas foreign exchange reserves.

    We conscientiously manage our reserve assets and invest responsibly in the international market. Security is our top priority for any investment with our foreign exchange reserves. We have taken effective measures to guard against any possible risks, and potential risks have been defused risks defused effectively. The SAFE will continue to operate the foreign exchange reserves in compliance with the established principles and will take active steps to implement prudent investment strategies so as to ensure the security of our reserve assets and to achieve reasonable returns on our investments.



    The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

    Contact Us | For Home | Join Collection

    State Administration of Foreign Exchange

    主站蜘蛛池模板: 黄大色黄美女精品大毛片| 三上悠亚精品一区二区久久| 欧美高清在线精品一区二区不卡| 又紧又大又爽精品一区二区| 高跟丝袜美女一级毛片| 国产精品久久免费视频| 99精品国产丝袜在线拍国语| 尤物在线影院点击进入| 啦啦啦最新在线观看免费高清视频| 欧美三级香港三级日本三级| 国内精品久久久久久久97牛牛| xxxxx.av| 成人a视频片在线观看免费| 久久久久国产综合AV天堂| 最近中字视频在线观看| 亚洲国产精品无码久久青草| 永久看一二三四线| 伊人情人综合网| 粉色视频午夜网站入口| 午夜电影在线看| 老司机在线精品| 国产在线观看www鲁啊鲁免费| h片在线观看免费| 国产精品无码无需播放器| 91精品手机国产免费| 大陆老太交xxxxⅹhd| ww4545四虎永久免费地址| 岛国在线免费观看| 三中文乱码视频| 成年性香蕉漫画在线观看| 久久99精品久久久久久动态图 | 亚洲黄色在线网站| 精品96在线观看影院| 刚下班坐公交车被高c怎么办| 精品欧美高清不卡在线| 啊灬啊灬啊灬快灬性| 美女翘臀白浆直流视频| 四虎在线最新永久免费| 美女视频黄A视频全免费| 国产AV一区二区精品凹凸| 老鸦窝在线视频2021|