Freddie Mac has priced $3 billion of 4.5% 10-year Reference Notes due Jan. 15, 2015.The issue (CUSIP: 3134A4UX0) was priced at 99.659 to yield 4.543%, 33.5 basis points more than 10-year Treasury notes, the government-sponsored enterprise said. Bear, Stearns & Co., J. P. Morgan Chase, and Lehman Brothers were the joint lead managers of the transaction.

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