Freddie prices sub debut as market holds breath

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Freddie prices sub debut as market holds breath

March 09, 2001 12:00 am

Freddie Mac has priced its inaugural $2bn 10 year subordinated debt issue at the market level of 113bp over Treasuries, on top of the Fannie Mae subordinated 10 year line, or 22bp over the 10 year Freddie Mac Reference Note.

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