"We're very pleased that this issue was substantially oversubscribed,"said Freddie Mac senior vice president Jerome Lienhard. "This demonstrates investors' confidence in building liquidity in the 30-yearsector."
Including the 30-year reference notes settled Thursday, Freddie Mac has $139.50 billion in outstanding notes and bonds. Freddie Mac buys single- and multi-family residential mortgages and securities, which it finances primarily by issuing mortgage pass-through securities and debt instruments in the capital markets.
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