On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1330 AM Sheboygan, WI

Weather

Current Conditions(Sheboygan,WI 53081)

More Weather »
38° Feels Like: 32°
Wind: SE 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Mostly Clear 33°

Tomorrow

Partly Cloudy 53°

Sat Night

Showers Late 44°

Alerts

Freddie Mac to sell $2 billion in bills on Monday

(Reuters) - Freddie Mac , the No. 2 U.S. home funding company, said it will sell $2.0 billion worth of reference bills on Monday.

The sale consists of $1.0 billion of three-month bills March 25, 2013, and $1.0 billion of six-month bills due June 24, 2013.

The bills will be sold over the Internet in a Dutch auction. In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a conventional multiple-price auction.

Bids will be accepted from authorized dealers until 9:45 a.m. EST (1445 GMT).

Settlement is December 26

(Reporting by Caryn Trokie; Editing by Chizu Nomiyama)

Comments