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Published on 1/6/2011 in the Prospect News Agency Daily.

New Issue: Freddie Mac prices $50 million five-year non-call 0.5-year step up notes at 2.15% initial rate

New York, Jan. 6 - Freddie Mac priced $50 million of 2.15% initial rate five-year non-call 0.5-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on Jan. 28, 2016 and have a Bermuda call beginning July 28.

Suntrust Capital Markets Inc. and Incapital are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$50 million
Maturity:Jan. 28, 2016
Coupon:2.15% from Jan. 28, 2.5% from July 28, 2013, 3% from July 28, 2014, 3.5% from Jan. 28, 2015, 4% from July 28, 2015
Price:Par
Call:Bermuda call beginning July 28
Pricing date:Jan. 5
Settlement date:Jan. 28
Underwriters:Suntrust Capital Markets Inc. and Incapital
Cusip:3134G1T53

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