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Published on 2/11/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $250 million two-year callable one time at 0.5 year step up global medium-term notes at 0.5% initial rate

New York, Feb. 11 - Freddie Mac priced $250 million of 0.5% initial rate two-year callable one time at 0.5 year step up global medium-term notes at par, according to the agency's web site.

The bonds will mature on Feb. 25, 2013 and are callable one time on Aug. 25.

Credit Suisse Securities (USA) LLC is the manager.

Issuer:Freddie Mac
Issue:Step up global medium-term notes
Amount:$250 million
Maturity:Feb. 25, 2013
Coupon:0.5% from Feb. 25, 1.5% from Aug. 25
Price:Par
Call:One time on Aug. 25
Pricing date:Feb. 10
Settlement date:Feb. 25
Underwriter:Credit Suisse Securities (USA) LLC
Cusip:3134G15B6

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