Freddie shares rise after firm demand at bill sale

NEW YORK (Reuters) - Shares of Freddie Mac (FRE.N) were up 5 percent on Monday after solid demand for its $2 billion sale of 3-month and 6-month bills, easing some worries about its ability to raise cash.

Freddie's stock was last up 15 cents, or 5.3 percent, at $2.96, erasing an earlier loss of 9 percent.

(Reporting by Richard Leong, Editing by Chizu Nomiyama)