Freddie Mac (FRE) said that it priced its new 2.875% $4 billion five-year USD Reference Notes security due on February 9, 2015.
The issue was priced at 99.974 to yield 2.88%, or 27.5 basis points more than five-year U.S. Treasury Notes. The issue will settle on January 7, 2010.
The new five-year Reference Notes security was offered via a syndicate of dealers headed by Barclays Capital, Inc., Deutsche Bank Securities, Inc., and Citigroup Global Markets.
The company said it has filed an application to list the issue on the Euro MTF market of the Luxembourg Stock Exchange.
Including today's offering, Freddie Mac has about $261 billion in Reference Notes and Reference Bonds securities outstanding.
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