New Issue: Freddie Mac prices $25 million three-year non-call 0.25-year step up notes at 0.50% initial rate

New York, July 16 – Freddie Mac priced $25 million of 0.50% initial rate three-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 July 28, 2017 and have a Bermuda call beginning Oct. 28.

Jefferies & Co. Inc. and BNY Mellon Capital Markets LLC are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	July 28, 2017
Coupon:	0.50% from July 28, 0.75% from Jan. 28, 2015, 1.00% from July 28, 2015, 1.25% from Jan. 28, 2016, 2.00% from July 28, 2016, 3.00% from Jan. 28, 2017
Price:	Par
Call:	Bermuda call beginning Oct. 28
Pricing date:	July 11
Settlement date:	July 28
Underwriters:	Jefferies & Co. Inc. and BNY Mellon Capital Markets LLC
Cusip:	3134G5DH5

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