Freddie Mac has priced $4 billion of 5.00% two-year Reference Notes due June 11, 2009.The issue (CUSIP: 3137EAAT6) was priced at 99.851 to yield 5.076%, 23.5 basis points more than two-year Treasury notes, the government-sponsored enterprise said. The settlement date is May 25. The new security was offered via a syndicate of dealers headed by Bear, Stearns & Co., Citigroup Global Markets Inc., and Credit Suisse. Freddie Mac can be found on the Web at http://www.freddiemac.com.

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