New Issue: Freddie Mac sells $4 billion 2% five-year Reference Notes at 32.5 bps over Treasuries

By Kenneth Lim

Boston, July 7 - Freddie Mac priced $4 billion of new 2% five-year Reference Notes on Thursday at a spread of 32.5 basis points over Treasuries.

The notes were sold at 99.628 to yield 2.077%. Price talk was at a spread of 33.5 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:	$4 billion
Maturity:	Aug. 25, 2016
Coupon:	2%
Price:	99.628
Yield:	2.077%
Spread:	32.5 bps over Treasuries
Price talk:	33.5 bps over Treasuries
Call:	Non-callable
Lead managers:	Barclays Capital Inc., Citigroup Global Markets Inc., UBS Securities LLC
Pricing date:	July 7
Settlement date:	July 8
Cusip:	3137EACW7

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