By Kenneth Lim
Boston, Oct. 20 - Freddie Mac priced $5 billion of new 0.375% two-year Reference Notes on Wednesday at a spread of 12.5 basis points over Treasuries.
The notes were sold at 99.772 to yield 0.484%.
Price talk was at a spread of 14 bps over Treasuries.
UBS Investment Bank, Goldman Sachs & Co. and Deutsche Bank Securities, Inc. were the lead managers.
The notes are non-callable.
| Issuer: | Freddie Mac
|
| Issue: | Reference Notes
|
| Amount: | $5 billion
|
| Maturity: | Nov. 30, 2012
|
| Coupon: | 0.375%
|
| Price: | 99.772
|
| Yield: | 0.484%
|
| Spread: | 12.5 bps over Treasuries
|
| Price talk: | 14 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | UBS Investment Bank, Goldman Sachs & Co., Deutsche Bank Securities, Inc.
|
| Pricing date: | Oct. 20
|
| Settlement date: | Oct. 22
|
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