NEW YORK- Freddie Mac, the No. 2 U.S. home funding company, on Tuesday sold $6 billion in new three-year reference notes, said a market source familiar with the sale.
The notes were priced to yield 46.5 basis points over U.S. Treasuries, tighter than initial price talk of about 49 basis points over Treasuries.
Freddie Mac hired Barclays Capital, Banc of America Securities and JP Morgan to manage the sale.
(Reporting by Caryn Trokie; Editing by Theodore d'Afflisio)