By Kenneth Lim
Boston, June 30 - Freddie Mac priced $5 billion of new 1% three-year Reference Notes on Thursday at a spread of 29 basis points over Treasuries.
The notes were sold at 99.868 to yield 1.043%. Price talk was at a spread of 29 bps over Treasuries.
Barclays Capital Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC are the lead managers of the offering.
The notes will be non-callable.
| Issuer: | Freddie Mac
|
| Issue: | Reference Notes
|
| Amount: | $5 billion
|
| Maturity: | Aug. 27, 2014
|
| Coupon: | 1%
|
| Price: | 99.868
|
| Yield: | 1.043%
|
| Spread: | 29 bps over Treasuries
|
| Price talk: | 29 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | Barclays Capital Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC
|
| Pricing date: | June 30
|
| Settlement date: | July 5
|
© 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.
