New Issue: Freddie Mac adds on $150 million 3.25-year non-call 0.25-year step up notes at 0.5% initial rate

New York, May 16 - Freddie Mac added on $150 million of 0.5% initial rate 3.25-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 Aug. 26, 2014 and have a Bermuda call beginning Aug. 26.

Deutsche Bank Securities Inc. and BNP Paribas are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$150 million
Maturity:	Aug. 26, 2014
Coupon:	0.5% from May 26, 1% from Aug. 26, 2% from Aug. 26, 2012, 3% from Aug. 26, 2013
Price:	Par
Call:	Bermuda call beginning Aug. 26
Pricing date:	May 13
Settlement date:	May 26
Underwriters:	Deutsche Bank Securities Inc. and BNP Paribas
Cusip:	3134G2HK1

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