Freddie Mac To Reopen Reference Notes For $1B
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.
The Luxembourg Stock Exchange-listed issue, CUSIP 3137EACE7, will price Thursday and settle Friday, and the three-year reference notes will mature on Sept. 21, 2012.
Freddie Mac spokesman Michael Cosgrove said the company used...
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