On October 14, 2005 Loop Capital Markets received its inaugural Co-Manager mandate with Freddie Mac. The offering was a $4 billion two-year USD Reference Notes security due on November 16, 2007. The issue, was priced at 99.799 to yield 4.476%, or 24.5 basis points more than two-year U.S. Treasury Notes. Loop stayed the course with Freddie’s goal, which was to place securities with quality investors.