By Kenneth Lim
Boston, April 6 - Freddie Mac priced $3 billion of 2.5% five-year Reference Notes on Wednesday at a spread of 25.5 basis points over Treasuries, according to a press release.
The notes were sold at 99.734 to yield 2.555%. Price talk was at a spread of 25.5 bps over Treasuries.
Barclays Capital Inc., Citigroup Global Markets Inc. and UBS Securities LLC were the lead managers.
The notes are non-callable.
| Issuer: | Freddie Mac
|
| Issue: | Reference Notes
|
| Amount: | $3 billion
|
| Maturity: | May 27, 2016
|
| Coupon: | 2.5%
|
| Price: | 99.734
|
| Yield: | 2.555%
|
| Spread: | 25.5 bps over Treasuries
|
| Price talk: | 25.5 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | Barclays Capital Inc., Citigroup Global Markets Inc., UBS Securities LLC
|
| Pricing date: | April 6
|
| Settlement date: | April 8
|
| Cusip: | 3137EACT4
|
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