By Jennifer Chiou
New York, June 11 - Freddie Mac priced $1 billion of 2% global medium-term notes due July 13, 2011 at par, according to the agency's web site.
Interest is payable semiannually.
The bonds are callable beginning Oct. 13, 2009.
Banc of America Securities LLC is the underwriter.
The issue will settle on July 13.
| Issuer: | Freddie Mac
|
| Issue: | Global medium-term notes
|
| Amount: | $1 billion
|
| Maturity: | July 13, 2011
|
| Underwriter: | Banc of America Securities LLC
|
| Coupon: | 2%, payable semiannually
|
| Price: | Par
|
| Yield: | 2%
|
| Call option: | Beginning Oct. 13, 2009
|
| Pricing date: | June 10
|
| Settlement date: | July 13
|
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