(Attaches to news alert with corrected 6-month bill rate)
NEW YORK, Oct 6 (Reuters) - Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz) (FRE.P: Quote, Profile, Research, Stock Buzz) sold $2 billion of bills on Monday at lower interest rates and demand was mixed compared with sales of the same maturities a week ago.
Freddie Mac on Monday sold $1 billion of three-month bills due Jan. 5, 2009 at a 2.010 percent rate, down from 2.790 percent for a $1 billion sale of the same maturity on Sept. 29.
Freddie Mac also sold $1 billion of six-month bills due April 6, 2009 at a 2.330 percent rate, compared with 3.190 percent for the same size sale of the same maturity a week earlier.
Demand for the three-month bills was lower than a week earlier, based on a bid-to-cover ratio of 3.42 compared with 3.89 on Sept. 29.
The bid-to-cover ratio for the 6-month bills was higher than a week earlier, based on a bid-to-cover-ratio of 3.27 compared with 3.15 on Sept. 29.
A bid-to-cover ratio reflects the amount of bids compared with the amount offered. A lower ratio indicates weaker demand. (Reporting by Caryn Trokie; Editing by James Dalgleish)
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