Freddie Mac Prices $3.5B Notes

U.S. stockholder-owned mortgage corporation Freddie Mac has set price on dollar reference notes security worth $3.5 billion.

U.S. stockholder-owned mortgage corporation Freddie Mac has set price on dollar reference notes security worth $3.5 billion. The securities, maturing on Nov. 27, 2013, carry a coupon rate of 0.375 percent.

The notes were priced at a spread of 18.5 basis points more than two-year U.S. Treasury notes. A syndicate of dealers led by JPMorgan Chase & Co., Goldman Sachs & Co. and Credit Suisse Group, helped in pricing the notes.

Click here for the release from PR Newswire.