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Published on 4/20/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $75 million three-year non-call 0.25-year step up notes at 0.75% initial rate

New York, April 20 - Freddie Mac priced $75 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 May 16, 2014 and have a Bermuda call beginning Aug. 16.

UBS Securities LLC is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$75 million
Maturity:May 16, 2014
Coupon:0.75% from May 16, 1% from Nov. 16, 1.25% from Feb. 16, 2012, 1.5% from May 16, 2012, 1.75% from Aug. 16, 2012, 2% from Nov. 16, 2012, 2.25% from Feb. 16, 2013, 2.5% from May 16, 2013, 2.75% from Aug. 16, 2013, 3% from Nov. 16, 2013, 3.25% from Feb. 16, 2014
Price:Par
Call:Bermuda call beginning Aug. 16
Pricing date:April 18
Settlement date:May 16
Underwriter:UBS Securities LLC
Cusip:3134G2FE7

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