Freddie Mac has priced Reference REMIC R-006, Class AK, a $2.25 billion issue of real estate mortgage investment conduit securities.The issue (CUSIP: 31396JSK2) was priced at 99.65234375 to yield 5.8535%, or 95 basis points over the interpolated Treasury curve, the government-sponsored enterprise said. Class AK is a "guaranteed maturity class" (with a coupon of 5.75%) designed to reduce extension risk for investors, a special feature of Reference REMICs. Banc of America Securities, Citigroup Global Markets Inc., and Goldman Sachs Group were the lead underwriters of the transaction.

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