Freddie Mac reports $30.66 billion debt maturities, redemptions in February

By Jennifer Chiou

New York, April 1 - Freddie Mac announced in its monthly volume summary for February that it recorded $30.66 billion of maturities and redemptions with respect to its debt activities.

This compares to the $11.16 billion tallied in the first month of this year and $33.48 billion in February 2009.

Repurchases for February came in at $70 billion while total outstanding debt at the end of the month was $826.06 billion. At the end of January, there was $817.61 billion of total debt outstanding.

In January, Freddie Mac said that it repurchased $500 million of its debt.

During the month of February, it marked issues of $32.62 billion of debt, increased from the $28.02 billion of debt issued in January.

Outside of debt activities, the agency said that its total mortgage portfolio declined at an annualized rate of 2.6% during the month versus 1.7% in January.

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