New Issue: Freddie Mac prices $1 billion of 1.375% 18-month medium-term notes at par

By Jennifer Chiou

New York, April 15 - Freddie Mac priced $1 billion of 1.375% global medium-term notes due Oct. 27, 2010 at par, according to the agency's web site.

The bonds are callable on July 27, 2009.

Banc of America Securities LLC is the underwriter.

Settlement will occur on April 27.

Issuer:	Freddie Mac
Issue:	Global medium-term notes
Amount:	$1 billion
Maturity:	Oct. 27, 2010
Underwriter:	Banc of America Securities LLC
Coupon:	1.375%
Price:	Par
Yield:	1.375%
Call option:	On July 27, 2009
Pricing date:	April 14
Settlement date:	April 27

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