Oct 9 (Reuters) - Freddie Mac , the No. 2 U.S. homefunding company, said it will sell $2 billion bills on Tuesday.
The sale will include $1 billion three-month bills due Jan.7, 2013, and $1 billion six-month bills due April 8, 2013.
The bills will be sold over the Internet in a Dutch auction.In such uniform price auctions, successful bidders pay only theprice of the lowest accepted bid rather than the actual price asin a conventional multiple-price auction.
Bids will be accepted from authorized dealers until 9:45a.m. EDT (1345 GMT).
Settlement is Oct. 10.(Reporting by Pam Niimi)
Keywords: FREDDIEMAC BILLS/ANNOUNCEMENT