Freddie Mac sells $4 bln 3-year reference notes

NEW YORK | Tue Dec 1, 2009 10:11am EST

NEW YORK Dec 1 (Reuters) - Freddie Mac FRE.N FRE.P, the No. 2 U.S. home funding company, sold $4 billion of new three-year reference notes due Jan. 9, 2013, said IFR, a Thomson Reuters service.

The 1.375 percent notes were priced at 99.903 to yield 1.407 percent or 31 basis points over comparable U.S. Treasuries.

The joint lead managers on the sale were Barclays Capital, Banc of America and JP Morgan.

Settlement is Dec. 2. (Reporting by Caryn Trokie; Editing by James Dalgleish) ((caryn.trokie@thomsonreuters.com; Tel: +1 646-223-6318; Reuters Messaging: caryn.trokie.reuters.com@reuters.net))
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