Freddie Mac has priced $5 billion of 3.375%, five-year Reference Notes due April 15, 2009.The issue (CUSIP 3134A4UQ5) was priced at 99.587 to yield 3.463%, or 39 basis points more than five-year U.S. Treasury notes. The settlement date is March 5. Joint lead managers for the transaction were Citigroup Global Markets Inc., J. P. Morgan Chase, and Lehman Brothers.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry