New Issue: Freddie Mac prices $15 million three-year non-call 0.5-year step up notes at 0.25% initial rate

New York, Nov. 7 - Freddie Mac priced $15 million of 0.25% initial rate three-year non-call 0.5-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on Nov. 22, 2016 and have a Bermuda call beginning May 22, 2014.

Castleoak Securities LP is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$15 million
Maturity:	Nov. 22, 2016
Coupon:	0.25% from Nov. 22, 0.375% from Feb. 22, 2014, 0.5% from May 22, 2014, 0.625% from Aug. 22, 2014, 0.75% from Nov. 22, 2014, 1% from Feb. 22, 2015, 1.25% from May 22, 2015, 1.5% from Aug. 22, 2015, 1.75% from Nov. 22, 2015, 2% from Feb. 22, 2016, 2.25% from May 22, 2016, 2.5% from Aug. 22, 2016
Price:	Par
Call:	Bermuda call beginning May 22, 2014
Pricing date:	Nov. 5
Settlement date:	Nov. 22
Underwriter:	Castleoak Securities LP
Cusip:	3134G4LE6

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