New Issue: Freddie Mac prices $1 billion reopening of 2% five-year notes at 28.6 bps spread

By Kenneth Lim

Boston, Sept. 14 - Freddie Mac priced a $1 billion reopening of 2% five-year Reference Notes on Wednesday to yield 1.162%.

The notes were priced at 104.015054 through an auction. The spread at pricing was 28.6 basis points over Treasuries.

There are now $5 billion of the notes outstanding under the note series.

Issuer:	Freddie Mac
Issue:	Reference Notes reopening
Amount:	$1 billion
Maturity:	Aug. 25, 2016
Coupon:	2%
Price:	104.015054
Yield:	1.162%
Spread:	28.6 bps over Treasuries
Call:	Non-callable
Pricing date:	Sept. 14
Settlement date:	Sept. 15
Cusip:	3137EACW7

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