Published on 3/17/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million four-year callable one time at one year step up notes at 0.50% initial rate
New York, March 17 - Freddie Mac priced $25 million of 0.50% initial rate four-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 April 10, 2018 and are callable one time on April 10, 2015.
Stifel Nicolaus and BMO Capital Markets Corp. are the managers.
| 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: | April 10, 2018
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| Coupon: | 0.50% from April 10, 2.00% from April 10, 2015
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| Price: | Par
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| Call: | One time on April 10, 2015
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| Pricing date: | March 14
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| Settlement date: | April 10
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| Underwriters: | Stifel Nicolaus and BMO Capital Markets Corp.
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| Cusip: | 3134G4YV4
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