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Freddie Mac's portfolio grew 14.3 pct in July

NEW YORK, Aug 23 (Reuters) - Freddie Mac's FRE.N retained portfolio grew by an annualized 14.3 percent in July to $720.6 billion, the second largest U.S. home funding company said on Thursday.

Freddie Mac’s duration gap, an interest rate risk measure, stayed at zero months, unchanged from the previous month.

A zero duration gap indicates that Freddie Mac’s payments to its debtholders matches income the company receives on its assets.

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