Freddie to Purchase $11.2B Euro Reference Notes

Freddie Mac plans to purchase any and all of a targeted group of about 8.1 billion euros ($11.2 billion) of its euro Reference Notes securities the week of June 15. The government-sponsored enterprise is planning to buy from investors for cash the securities through Goldman Sachs International, the designated lead dealer for the offers. Barclays Bank PLC and Deutsche Bank AG, London branch, are the designated deal managers for the offers. Each series of target securities will be purchased at a fixed spread over the applicable reference swap rate for the series.

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