Freddie Mac issues $25.63 billion, buys back $1.26 billion in April

By Angela McDaniels

Tacoma, Wash., May 25 - Freddie Mac issued $25.63 billion of debt securities during April, according to the agency's summary for the month.

The month's issuance is less than in March, when the agency issued $40.83 billion of debt securities, and is less than the $44.03 billion of debt securities issued in April 2009.

The agency repurchased $1.26 billion of debt securities in April - the most seen so far this year. The agency repurchased $500 million of debt securities in January, $70 million in February and none in March. No repurchases were made in April 2009.

Freddie Mac said $32.22 billion of debt securities matured or were redeemed during April, and the total amount of debt securities outstanding at the end of the month was $585.24 billion.

In March, $32.36 billion of debt securities matured or were redeemed, and the total amount of debt securities outstanding at the end of the month was $593.17 billion.

All of the debt securities referenced above have a term of more than one year.

When debt securities with a term of one year or less are added, $813.22 billion of Freddie Mac debt securities were outstanding at the end of April, compared with $831.42 billion at the end of March and $899.52 billion at the end of April 2009.

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