Published on 12/19/2013 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million 3.5-year callable one time at one year step up notes at 0.6% initial rate
New York, Dec. 19 - Freddie Mac priced $25 million of 0.6% initial rate 3.5-year callable one time at one year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on June 30, 2017 and are callable one time on Dec. 30, 2014.
Stifel Nicolaus is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $25 million
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Maturity: | June 30, 2017
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Coupon: | 0.6% from Dec. 30, 1.2% from Dec. 30, 2014
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Price: | Par
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Call: | One time on Dec. 30, 2014
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Pricing date: | Dec. 18
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Settlement date: | Dec. 30
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Underwriter: | Stifel Nicolaus
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Cusip: | 3134G4RS9
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