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Dial 1-800-Philippines for call centers
Often ignored as an economic laggard, the Philippines has beaten India to win the top spot for offshore call center outsourcing. That's amid fresh grumbles in the U.S. over sending jobs abroad. Video
Fannie Mae to sell $2 bln bills Wednesday
NEW YORK |
NEW YORK Nov 16 (Reuters) - Fannie Mae FNM.N FNM.P, the largest U.S. home funding company, on Monday said it plans to sell $1 billion of three-month benchmark bills due Feb. 17, 2010, and $1 billion of six-month bills due May 19, 2010, on Wednesday, Nov. 18 in a Dutch auction.
In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a conventional multiple-price auction.
Bids will be accepted from authorized dealers from 9:00 a.m. (1400 GMT) until 9:45 a.m. (1445 GMT)
Settlement is Nov. 18-19. (Editing by Theodore d'Afflisio)
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