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Freddie Mac sells $1.0 bln 5-year notes in reopening
September 13, 2012 / 2:16 PM / in 5 years

Freddie Mac sells $1.0 bln 5-year notes in reopening

Sept 13 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, said on Thursday it sold $1.0 billion of five-year reference notes due Sept. 29, 2017 in a reopening of an existing five-year issue via an internet-based Dutch auction.

The notes were priced at 100.8278 at a stop-out rate of 0.832 percent.

The bid-to-cover ratio was 4.13 to one.

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