By Jennifer Chiou
New York, March 11 - Freddie Mac priced $1 billion of 2.625% three-year global medium-term notes on Tuesday at par, according to the agency's web site.
The bonds have a one-time call on March 19, 2010 and mature on March 19, 2012.
Interest is payable semiannually.
J.P. Morgan Securities Inc. is the underwriter.
Settlement will occur on March 19.
| Issuer: | Freddie Mac
|
| Issue: | Global medium-term notes
|
| Amount: | $1 billion
|
| Maturity: | March 19, 2012
|
| Underwriter: | J.P. Morgan Securities Inc.
|
| Coupon: | 2.625%
|
| Price: | Par
|
| Yield: | 2.625%
|
| Call option: | One-time call on March 19, 2010
|
| Pricing date: | March 10
|
| Settlement date: | March 19
|
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