Reference Bills® securities are short term U.S. dollar denominated unsecured general corporate obligations. This program supplements our Short Term Notes program.

  • Are programmatically issued and auctioned according to a predetermined Reference Bills® calendar
  • Provide a supply of short-term debt with maturities of one year or less
  • Issuance volume and maturity availability changes week to week based on funding and liquidity needs


Information contained on this website Freddie Mac is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements.   

Any financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac does not undertake an obligation, and disclaims any duty, to update any of the information in those documents.