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Freddie three-year Reference Notes talked at 34.5 bps over Treasuries
By Lisa Kerner
Charlotte, N.C., Oct. 4 - Freddie Mac plans to price new Reference Notes due Nov. 25, 2014 on Wednesday. The issue is talked at a spread of 34.5 basis points over Treasuries.
The size of the deal has not been set, but it is expected to be at least $3 billion.
The notes will be non-callable.
Barclays Capital Inc., Citigroup Global Markets Inc. and UBS Investment Bank are the lead managers of the offering.
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