SOURCE: Freddie Mac

Freddie Mac

November 08, 2013 08:50 ET

Freddie Mac Issues 2014 Funding Calendars

MCLEAN, VA--(Marketwired - Nov 8, 2013) - Freddie Mac (OTCQB: FMCC) today issued its 2014 funding calendars, which provide optional announcement dates for Reference Notes® securities and announcement and auction dates for Reference Bills® securities. The 2014 funding calendars are available on the Debt Securities page of the company's Web site at www.FreddieMac.com.

On the Reference Notes announcement dates set forth on Freddie Mac's 2014 Reference Notes Calendar, Freddie Mac will announce whether it plans to issue a Reference Notes security. If a Reference Notes security will be issued, Freddie Mac also will provide relevant transaction information. Future Reference Notes issuances may vary in size based on the company's funding needs or market demands. These may include issuance sizes below our historical benchmark size of $3 billion.

The company's 2014 Reference Bills Calendar provides announcement and auction dates for one-, three-, six- and 12-month Reference Bills securities. One-, three-, six- and 12-month Reference Bills auctions will be optional each week. During the year, Freddie Mac will auction all one-, three-, six- and 12-month Reference Bills securities on Mondays, unless Monday is a holiday. If Monday is a holiday, the auction will occur on Tuesdays. Reference Bills auction announcements will occur in the morning on the day the auctions will be held.

The announcement is neither an offer to sell nor a solicitation to buy any of these securities. Any such offering will be made by an offering circular and, in the case of Reference Notes securities, the applicable pricing supplement.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information please visit www.FreddieMac.com. Twitter: @FreddieMac