Dec 31 Freddie Mac, the No. 2 U.S.
home funding company, said it will sell $2.0 billion of
reference bills on Monday.
The sale consists of $1.0 billion of three-month bills April
1, 2013, and $1.0 billion of six-month bills due July 1, 2013.
The bills will be sold over the Internet in a Dutch auction.
In such uniform price auctions, successful bidders pay only the
price of the lowest accepted bid rather than the actual price as
in a conventional multiple-price auction.
Bids will be accepted from authorized dealers until 9:45
a.m. EST (1445 GMT).
Settlement is Jan. 2.