Freddie Mac has priced $4 billion of 4.625%, three-year Reference Notes due on Dec. 19, 2008.The issue (CUSIP: 3134A4VH4) was priced at 99.686 to yield 4.737%, 30.0 basis points more than three-year Treasury notes, the government-sponsored enterprise said. The settlement date is Nov. 18. The new security was offered via a syndicate of dealers headed by Bear, Stearns & Co., J.P. Morgan Chase, and Merrill Lynch.

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