New Issue: Freddie Mac prices $25 million 10-year non-call two-year step up notes at 2% initial rate

New York, July 15 - Freddie Mac priced $25 million of 2% initial rate 10-year non-call two-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on July 29, 2021 and have a Bermuda call beginning July 29, 2013.

Stifel Nicolaus and Finacorp Securities are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	July 29, 2021
Coupon:	2% from July 29, 3% from July 29, 2013, 4% from July 29, 2015, 5% from July 29, 2017, 6% from July 29, 2019
Price:	Par
Call:	Bermuda call beginning July 29, 2013
Pricing date:	July 14
Settlement date:	July 29
Underwriters:	Stifel Nicolaus and Finacorp Securities
Cusip:	3134G2SJ2

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