By Angela McDaniels
Tacoma, Wash., April 7 - Freddie Mac priced $5 billion of floating-rate two-year global medium-term notes Friday, according to the agency's web site.
The non-callable bonds priced at par and will mature on April 7, 2011.
Interest is payable quarterly and equals Libor plus 5 basis points.
Banc of America Securities LLC is lead manager.
Settlement occurred Tuesday.
| Issuer: | Freddie Mac
|
| Issue: | Global medium-term notes
|
| Amount: | $5 billion
|
| Maturity: | April 7, 2011
|
| Coupon: | Libor plus 5 bps, payable quarterly
|
| Price: | Par
|
| Call option: | None
|
| Managers: | Banc of America Securities LLC
|
| Pricing date: | April 3
|
| Settlement date: | April 7
|
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