Freddie Prices Delayed Security

Freddie Mac priced a new $4.5 billion five-year Reference Notes security at 99.781 to yield 2.547%, or 65 basis points more than five-year U.S. Treasury notes. The company had delayed the deal (CUSIP number 3137EACB3) a day in response to the death of its chief financial officer. The transaction was offered via a syndicate of dealers headed by Deutsche Bank Securities Inc., Goldman Sachs Group and Morgan Stanley.

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