Published on 11/21/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million 2.75-year callable one time at 0.75 year step up notes at 0.50% initial rate
New York, Nov. 21 - Freddie Mac priced $25 million of 0.50% initial rate 2.75-year callable one time at 0.75 year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on July 26, 2017 and are callable one time on July 26, 2015.
Raymond James & Associates Inc. is the manager.
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: | July 26, 2017
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Coupon: | 0.50% from Nov. 26, 1.00% from July 26, 2015
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Price: | Par
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Call: | One time on July 26, 2015
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Pricing date: | Nov. 20
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Settlement date: | Nov. 26
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Underwriter: | Raymond James & Associates Inc.
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Cusip: | 3134G5RT4
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