Freddie Mac (OTC: FMCC) announced recently that it auctioned a $1 billion reopening of its 1.00 percent five-year USD Reference Notes® security that matures on September 29, 2017. The stop yield for the issue, CUSIP 3137EADL0, was 0.832 percent, priced at 100.827843, or approximately 19 basis points more than five-year U.S. Treasury Notes. The bid-to-cover ratio was 4.135 to 1.
After the reopening, which was conducted via an Internet-based auction, the outstanding size of the 1.00 percent five-year Reference Notes security will be $5 billion. The issue will settle on September 14, 2012, and is listed on the Euro MTF market of the Luxembourg Stock Exchange. All auction details can be found on Freddie Mac’s Debt Securities Web page.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Annual Report on Form 10-K for the year ended December 31, 2011, filed with the Securities and Exchange Commission (“SEC”) on March 9, 2012; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (‘Exchange Act”) since December 31, 2011, excluding any information “furnished” to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information “furnished” to the SEC on Form 8-K.
For more information, visit www.FreddieMac.com/investors.
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