Advanced Search

For Immediate Release

October 11, 2007
Contact: corprel@freddiemac.com
or (703) 903-3933

 

FREDDIE MAC PRICES NEW $4 BILLION 10-YEAR REFERENCE NOTES® SECURITY

McLean, VA – Freddie Mac (NYSE: FRE) announced today that it priced its new 5.125% $4 billion 10-year USD Reference Notes® security due on November 17, 2017. The issue, CUSIP number 3137EABA6, was priced at 99.907 to yield 5.136%, or 43.5 basis points more than 10-year U.S. Treasury Notes. This issue will settle on October 12, 2007.

The new 10-year Reference Notes security was offered via a syndicate of dealers headed by Barclays Capital, Inc., JP Morgan Chase and Merrill Lynch. An application was made to list the issues on the Euro MTF market of the Luxembourg Stock Exchange.

Including today's offerings, Freddie Mac has issued $44 billion of Reference Notes securities during 2007 and has approximately $243 billion in Reference Notes and Reference Bonds® securities outstanding.

Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters.

###


© 2008 Freddie Mac