Invesco Mortgage says no direct counterparty exposure to Credit Suisse

Invesco Mortgage (IVR) said it has no direct counterparty exposure to Credit Suisse (CS). As of March 17, the company had total investment portfolio of $5.5B, unrestricted cash and unencumbered investments totaling approximately $454M, 90% of $4.9B repurchase agreement borrowings hedged with a net $4.4 billion notional of pay fixed/receive floating interest rate swaps, debt-to-equity ratio estimated to be 5.9 times, and economic debt-to-equity ratio estimated to be 5.9 times.