New Issue: Freddie Mac sells $5 billion 1.75% five-year Reference Notes at 29.5 bps over Treasuries

By Kenneth Lim

Boston, Sept. 9 - Freddie Mac priced $5 billion of new 1.75% five-year Reference Notes on Thursday at a spread of 29.5 basis points over Treasuries.

The notes priced at 99.714 to yield 1.81%. Price talk was at a spread of 29.5 bps over Treasuries.

Barclays Capital Inc., J.P. Morgan Chase and Citigroup Global Markets Inc. are the lead managers.

The notes are non-callable.

Issuer:	Freddie Mac
Issue:	Reference Notes
Amount:	$5 billion
Maturity:	Sept. 10, 2015
Coupon:	1.75%
Price:	99.714
Yield:	1.81%
Spread:	29.5 bps over Treasuries
Price talk:	29.5 bps over Treasuries
Call:	Non-callable
Lead managers:	Barclays Capital Inc., J.P. Morgan Chase, and Citigroup Global Markets Inc.
Pricing date:	Sept. 9
Settlement date:	Sept. 10

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.