New Issue: Freddie Mac sells $5 billion of 0.25% three-year notes at Treasuries plus 14 bps

By Wendy Van Sickle

Columbus, Ohio, June 24 – Freddie Mac priced $5 billion of 0.25% three-year Reference Notes at 99.708 to yield 0.348% on Wednesday, according to a news release.

The notes priced 14 basis points over three-year U.S. Treasuries.

Barclays, J.P. Morgan Securities LLC and TD Securities (USA) LLC were the bookrunners.

The government-backed mortgage lender is based in McLean, Va.

Issuer:	Freddie Mac
Amount:	$5 billion
Description:	Reference Notes
Maturity:	June 26, 2023
Bookrunners:	Barclays, J.P. Morgan Securities LLC and TD Securities (USA) LLC
Co-managers:	Academy Securities Inc., CastleOak Securities LP, MFR Securities Inc., Mischler Financial Group Inc., Multi-Bank Securities Inc. and Samuel A. Ramirez & Co. Inc.
Coupon:	0.25%
Price:	99.708
Yield:	0.348%
Spread:	Treasuries plus 14 bps
Trade date:	June 24
Settlement date:	June 26

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