Industry News

Freddie Mac unveils funding plans

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Freddie Mac today provided its quarterly funding announcement, detailing expected funding activity for the first quarter of 2005. "In October, we announced that for 2005 we would begin issuing our Quarterly Funding Announcement on an expedited timetable, providing more advance notice to the market about our upcoming debt-funding plans," said Jerome Lienhard, Freddie Mac treasurer and senior vice president for funding and investor relations. "Today we are delivering that accelerated timetable by publishing specific information regarding our planned funding activity for the first quarter of 2005, further refining our debt funding program's hallmarks of transparency and predictability. We understand that the capital markets and investors need comprehensive and timely information, and we are committed to disciplined management of our debt funding program in accordance with our issuance calendar." This announcement is neither an offer to sell nor a solicitation of offers to buy any of ...