By Kenneth Lim
Boston, Jan. 5 - Freddie Mac priced $6 billion of new 1.375% three-year Reference Notes on Wednesday at a spread of 27 basis points over Treasuries.
The notes sold at 100 to yield 1.375%. Price talk was at a spread of 27 bps over Treasuries.
Barclays Capital, Citigroup Global Markets and J.P. Morgan Chase were the lead managers.
The notes are non-callable.
| Issuer: | Freddie Mac
|
| Issue: | Reference Notes
|
| Amount: | $6 billion
|
| Maturity: | Feb. 25, 2014
|
| Coupon: | 1.375%
|
| Price: | Par
|
| Yield: | 1.375%
|
| Spread: | 27 bps over Treasuries
|
| Price talk: | 27 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | Barclays Capital, Citigroup Global Markets and J.P. Morgan Chase
|
| Pricing date: | Jan. 5
|
| Settlement date: | Jan. 6
|
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