Print Print edition: 2012-02-14

Freddie Mac sells $2 billion bills

Published Updated

Freddie Mac, the No 2 US home funding company, said on Monday it sold $2 billion in reference bills at higher rates and mixed demand compared with last week's sale of similar maturities. Freddie Mac sold $1 billion of three-month bills, due May 14, 2012, at a 0.109 percent rate up from a 0.090 percent rate for $1 billion three-month bills sold February 6.
The company also sold $1 billion of six-month bills due August 13, 2012, at a 0.135 percent rate, also higher than the 0.119 percent rate for $1 billion six-month bills sold last week.