New Issue: Freddie Mac prices $25 million eight-year non-call 0.25-year step up notes at 2.5% initial rate

New York, Jan. 10 - Freddie Mac priced $25 million of 2.5% initial rate eight-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 Jan. 28, 2022 and have a Bermuda call beginning April 28.

Stifel Nicolaus, Incapital and Finacorp Securities are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Jan. 28, 2022
Coupon:	2.5% from Jan. 28, 3% from Jan. 28, 2017, 4% from Jan. 28, 2019, 5% from Jan. 28, 2021, 6% from July 28, 2021
Price:	Par
Call:	Bermuda call beginning April 28
Pricing date:	Jan. 9
Settlement date:	Jan. 28
Underwriters:	Stifel Nicolaus, Incapital and Finacorp Securities
Cusip:	3134G4TZ1

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