NeW

Freddie Mac sells new $3 billion seven-year reference notes: IFR

Reuters News
|
Posted: Apr 12, 2012 9:43 AM

(Reuters) - Freddie Mac sold $3 billion of new seven-year reference notes on Thursday, said IFR, a Thomson Reuters service.

The 1.75 percent notes, due May 30, 2019, were priced at 99.981 to yield 1.753 percent or 35 basis points over comparable Treasuries.

The lead managers of the sale were Barclays, Citigroup, and UBS.

Settlement is on Monday, April 16.

(Reporting by Pam Niimi; Editing by James Dalgleish)