Washington Post (08/05/08) P. D4
Investors showed more interest in Freddie Mac's latest auction of $2 billion in short-term notes, according to Stone & McCarthy Research Associates. A yield of 2.4 percent was recorded for $1 billion in three-month notes sold by the government-sponsored enterprise. The spreads were 74 basis points above similar Treasurys--up from 72 basis points in the previous weekly auction--and 38 basis points less than the three-month London interbank offered rate, holding steady from the last auction.
Thursday, August 7, 2008
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