Freddie Mac to sell $1 bln notes in reopening on Monday

Mon Feb 25, 2013 9:48am EST

Feb 25 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, said it will sell $1.0 billion of seven-year reference notes due Oct. 2, 2019 in a reopening of an existing issue via an internet-based Dutch Auction on Monday.

The auction begins at 9:45 (1445 GMT) and will close at 10:30, with results to follow shortly.