Breaking news - Freddie reveals prized euro mandate but issue to be delayed

September 05, 2003 12:00 am

Latest News, 14.30 BST September 5th 2003 Freddie Mac has awarded the mandate for its Eu3.5bn 10 year EuroReference Note, one of the most sought after mandates of the second part of the year, to four banks. But the US agency is to delay the issue - which was scheduled for the week of September 22 - to avoid clashing with its earnings restatement, which is expected before the end of this month.

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