On Air Now

Current Show

Health Talk   9:00 PM - 10:00 PM

Call in to “Health Talk” with Dr. Ronald Hoffman at 800-544-7070.

Show Info »

Upcoming Shows

Program Schedule »

Tune in to Listen

650 AM Hibbing, Minnesota

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
63° Feels Like: 63°
Wind: SW mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Mostly Clear 49°

Tomorrow

Mostly Sunny 82°

Sun Night

Isolated Thunderstorms 55°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

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