Published on 5/19/2011 in the Prospect News Agency Daily.
New Issue: Freddie Mac reopens five-year Reference Notes at 22 bps over Treasuries for $1 billion
By Kenneth Lim
Boston, May 19 - Freddie Mac priced a $1 billion reopening of its 2.5% Reference Notes due May 2016 at a spread of 22 basis points over Treasuries on Thursday, according to a press release.
The notes were sold through an auction at 102.036654 to yield 2.07%.
After the reopening, there are now $4 billion of the notes outstanding.
| Issuer: | Freddie Mac
|
| Issue: | Reference Notes reopening
|
| Amount: | $1 billion
|
| Maturity: | May 27, 2016
|
| Coupon: | 2.5%
|
| Price: | 102.036654
|
| Yield: | 2.07%
|
| Spread: | 22 bps over Treasuries
|
| Call: | Non-callable
|
| Pricing date: | May 19
|
| Settlement date: | May 20
|
| Cusip: | 3137EACT4
|
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