Freddie Mac Sells Bills At Higher Rates-Reuters
Monday, 22 Sep 2008 10:14am EDT
Reuters reported that Freddie Mac's $2 billion two part bill sale was sold at higher interest rates compared with the last week's sales of the same maturities. Freddie Mac sold $1 billion of three-month bills due December 22, 2008 at a 2.450% rate, compared with a 2.100% rate for $1 billion of the same maturity bills sold on September 15. Freddie Mac also sold $1 billion of six-month bills due March 23, 2009 at a 2.810% rate, versus a 2.350% rate for $2 billion sale of the same maturity last week.