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Published on 5/23/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $25 million five-year non-call 0.5-year step up notes at 1.125% initial rate

New York, May 23 - Freddie Mac added on $25 million of 1.125% initial rate five-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 May 28, 2019 and have a Bermuda call beginning Nov. 28.

RBC Capital Markets Corp. is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:May 28, 2019
Coupon:1.125% from May 28, 1.50% from May 28, 2016, 2.00% from May 28, 2017, 3.00% from Nov. 28, 2017, 4.00% from May 28, 2018, 5.00% from Nov. 28, 2018
Price:Par
Call:Bermuda call beginning Nov. 28
Pricing date:May 20
Settlement date:May 28
Underwriter:RBC Capital Markets Corp.
Cusip:3134G55U5

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