Rochester, NY 8/25/2009 5:02:19 PM
Freddie Mac FRE, Freddie Mac: A mixed-rates of $2.5 billion bills sold
Freddie Mac FRE
Freddie Mac announced that it sold $2.5 billion of bills at mixed rates and demand compared with the most recent sales of the same sizes and maturities.
$1 billion of six-month bills, due Feb. 22, 2010, at a 0.260 percent rate, down from a 0.280 percent rate for its $1 billion of bills auctioned on the 17th this month was sold by Freddie Mac. With the demand for the three-month bills was stronger with a bid-to-cover ratio of 3.65, up from 3.55 in the Aug. 17 sale, Freddie Mac also auctioned $500 million of 12-month bills, due Aug. 23, 2010, at 0.470 percent rate, up from a rate 0.460 percent for bills sold June 1, 2009.
About Stock Einstein
StockEinstein uses proprietary technologies coupled with years of experience to uncover stocks we feel have the greatest potential for breakout performance. We utilize not only software, but time tested criteria to uncover these potential winners. When these benchmarks are reached or exceeded, our subscribers are immediately notified.
This service is free and available only to subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Disclaimer: Full disclaimer at http://StockEinstein.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
