Ginnie Mae said that it has issued a record $34.5 billion in MBS in March, which brings its total to $89.7 billion in 2009, compared with $38.9 billion for the first three months of 2008.

Ginnie Mae I single-family pools led the way with $28.2 billion in MBS issuance. Its Ginnie Mae II single-family pools totaled $5.9 billion.

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