Freddie Mac says to sell $2 bln bills on Tuesday

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)

((e-mail: pam.niimi@thomsonreuters.com)(Reuters Messaging:pam.niimi.reuters.com@reuters.net)(Tel:1-646-223-6330))