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Freddie Mac To Reopen Reference Notes For $1B

Law360, New York (September 24, 2009) -- Mortgage giant Freddie Mac plans to sell $1 billion in securities through the reopening of 2.125 percent three-year reference notes, the government-sponsored enterprise announced Thursday.

The mortgage buyer will sell the $1 billion through an Internet auction, after which the value of the three-year reference notes will reach $6.5 billion, Freddie Mac said....

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