Monday, July 14, 2008

Freddie Mac sees strong demand in key $3 bln bill sale

Reuters reports:
Freddie Mac's (FRE.N: Quote, Profile, Research) $3 billion bill sale on Monday drew stronger demand than a similar sale last week in a deal seen as the first test of the housing finance company's borrowing ability after sweeping steps by the United States to shore up confidence in the company.