By Angela McDaniels
Tacoma, Wash., March 2 - Freddie Mac priced $3 billion of floating-rate 18-month global medium-term notes at par on Friday, according to the agency's web site.
Interest equals Libor minus 2 basis points and is payable quarterly.
The non-callable notes will mature on Sept. 3, 2010.
Barclays Capital Inc. is the manager.
Settlement is slated for Tuesday.
Issuer: | Freddie Mac
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Issue: | Global medium-term notes
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Amount: | $3 billion
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Maturity: | Sept. 3, 2010
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Coupon: | Libor minus 2 bps, payable quarterly
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Price: | Par
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Call option: | None
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Manager: | Barclays Capital Inc.
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Pricing date: | Feb. 27
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Settlement date: | March 3
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