Tuesday, January 06, 2009 3:43:49 PM
Freddie Mac sells $6.5 bln notes in two-part sale 01/06 03:39 PM
NEW YORK, Jan 6 (Reuters) - Freddie Mac (FRE:$0.84,00$0.02,002.44%) <FRE.P> on Tuesday sold $6.5 billion in reference notes in a two-part sale, said a market source familiar with the offerings.
The $3.0 billion in two-year year references notes were priced to yield 77 basis points over U.S. Treasuries and the $3.5 billion in five-year reference notes were priced to yield 95 basis points over U.S. Treasuries.
The size of the five-year notes was increased from an originally announced $3.0 billion.
Freddie Mac (FRE:$0.84,00$0.02,002.44%) hired Goldman Sachs, Citigroup Global Markets and Barclays to manage the offering. (Reporting by Caryn Trokie; Editing by Dan Grebler)
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