Freddie Mac has priced $5 billion of 4.875%, three-year Reference Notes due on Feb. 17, 2009.The issue (CUSIP: 3137EAAA7) was priced at 99.983 to yield 4.881%, 28.0 basis points more than three-year Treasury notes, the government-sponsored enterprise said. The new security was offered via a syndicate of dealers headed by Banc of America Securities, J.P. Morgan Chase, and Merrill Lynch.

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