Published on 1/25/2011 in the Prospect News Agency Daily.
New Issue: Freddie Mac prices $50 million three-year non-call 0.25-year step up notes at 0.75% initial rate
New York, Jan. 25 - Freddie Mac priced $50 million of 0.75% initial rate three-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on Feb. 18, 2014 and have a Bermuda call beginning May 18.
First Tennessee Bank NA Memphis and Deutsche Bank Securities Inc. are the managers.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $50 million
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Maturity: | Feb. 18, 2014
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Coupon: | 0.75% from Feb. 18, 0.875% from May 18, 1% from Aug. 18, 1.125% from Nov. 18, 1.375% from Feb. 18, 2012, 1.625% from May 18, 2012, 1.875% from Aug. 18, 2012, 2.125% from Nov. 18, 2012, 2.5% from Feb. 18, 2013, 3% from May 18, 2013, 3.5% from Aug. 18, 2013, 4.5% from Nov. 18, 2013
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Price: | Par
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Call: | Bermuda call beginning May 18
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Pricing date: | Jan. 24
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Settlement date: | Feb. 18
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Underwriters: | First Tennessee Bank NA Memphis and Deutsche Bank Securities Inc.
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Cusip: | 3134G12A1
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