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Home » Store » News » Freddie Mac Issues 2-Year Reference Notes Through Syndication Rather Internet Auction

Freddie Mac Issues 2-Year Reference Notes Through Syndication Rather Internet Auction

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For the first time in 2½ years, Freddie Mac has sold two-year reference notes through a syndicate of Wall Street investment firms rather than using the online auction route. Freddie Mac officials said that in light of the recent bad publicity about its accounting problems, the secondary market company used a syndicate to sell $4 billion of reference notes to gauge how well the
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