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Published on 3/7/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $25 million 3.5-year non-call 0.25-year step up notes at 1% initial rate

New York, March 7 - Freddie Mac added on $25 million of 1% initial rate 3.5-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 Sept. 22, 2014 and have a Bermuda call beginning June 22.

Wells Fargo Securities and Stifel Nicolaus are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:Sept. 22, 2014
Coupon:1% from March 22, 1.125% from June 22, 1.25% from Sept. 22, 1.375% from Dec. 22, 1.5% from March 22, 2012, 1.625% from June 22, 2012, 1.75% from Sept. 22, 2012, 1.875% from Dec. 22, 2012, 2% from March 22, 2013, 2.5% from June 22, 2013, 3% from Sept. 22, 2013, 3.5% from Dec. 22, 2013, 4% from March 22, 2014, 4.5% from June 22, 2014
Price:Par
Call:Bermuda call beginning June 22
Pricing date:March 4
Settlement date:March 22
Underwriters:Wells Fargo Securities and Stifel Nicolaus
Cusip:3134G16W9

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