New Issue: Freddie Mac prices $25 million 2.5-year non-call 0.25-year step up notes at 0.50% initial rate

New York, March 24 - Freddie Mac priced $25 million of 0.50% initial rate 2.5-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 Oct. 17, 2017 and have a Bermuda call beginning July 17.

Stifel Nicolaus and RBC Capital Markets Corp. are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Oct. 17, 2017
Coupon:	0.50% from April 17, 0.625% from July 17, 0.75% from Oct. 17, 0.875% from Jan. 17, 2016, 1.00% from April 17, 2016, 1.25% from July 17, 2016, 1.50% from Oct. 17, 2016, 1.75% from Jan. 17, 2017, 2.00% from April 17, 2017, 2.50% from July 17, 2017
Price:	Par
Call:	Bermuda call beginning July 17
Pricing date:	March 20
Settlement date:	April 17
Underwriters:	Stifel Nicolaus and RBC Capital Markets Corp.
Cusip:	3134G6NS8

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