Freddie Mac sells $1.0 bln 7-year notes in reopening

Mon Feb 25, 2013 10:40am EST

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

The notes were priced at 98.9822 to yield 1.412 percent.

The new total amount outstanding is $6.0 billion.

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