Freddie Unveils New Funding Report

Freddie Mac has introduced a new quarterly report on its debt funding activity that indicates the company issued $221.2 billion of debt instruments in the fourth quarter.Louise Herrle, Freddie Mac's treasurer, vice president, and head of global debt funding, said the new report was instituted because the issuance of liquid securities "through transparent and predictable funding" is key to helping the company fulfill its mission of expanding homeownership. The company's fourth-quarter debt issues consisted of $136 billion in Reference Bills and Discount Notes, $69.2 million in medium-term notes, and $16 billion in Reference Notes, according to the Freddie Mac Quarterly Funding Announcement & Summary. The report said Freddie Mac plans to offer $17 billion to $22 billion in Reference Notes in the first quarter, and $6 billion to $10 billion of syndicated callable notes, among other debt issues. Freddie Mac can be found online at http://www.freddiemac.com.