Freddie Prices New Five- and Two-Year Ref Notes

Freddie Mac has priced a new 2.50% $3.5 billion five-year Reference Notes security due Jan. 7, 2014 at 99.437 to yield 2.621% or 95 basis points more than five-year U.S. Treasury notes. It also priced a new 1.50% $3 billion two-year Reference Notes security at 99.873 to yield 1.565% or 77 basis points more than two-year U.S. Treasury Notes. A syndicate of dealers headed by Barclays Capital Inc., Citigroup Global Markets Inc., and Goldman Sachs Group separately offered both securities. The Committee on Uniform Securities Identification Procedures identifier for the five-year security is 3137EABX6 and the CUSIP for the two-year security is 3137EABW8.

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