Published on 3/12/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $225 million five-year non-call one-year step up notes at 1.55% initial rate
New York, March 12 - Freddie Mac priced $225 million of 1.55% initial rate five-year non-call one-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on March 27, 2019 and have a Bermuda call beginning March 27, 2015.
Cantor Fitzgerald is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $225 million
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Maturity: | March 27, 2019
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Coupon: | 1.55% from March 27, 1.89% from March 27, 2016
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Price: | Par
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Call: | Bermuda call beginning March 27, 2015
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Pricing date: | March 6
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Settlement date: | March 27
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Underwriter: | Cantor Fitzgerald
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Cusip: | 3134G4Y28
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