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Published on 3/25/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million 12-year non-call 0.5-year step up notes at 2.00% initial rate

New York, March 25 - Freddie Mac priced $25 million of 2.00% initial rate 12-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 April 23, 2027 and have a Bermuda call beginning Oct. 23.

BMO Capital Markets Corp. and Finacorp Securities are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:April 23, 2027
Coupon:2.00% from April 23, 3.00% from April 23, 2018, 4.00% from April 23, 2021, 5.00% from April 23, 2024, 6.00% from April 23, 2026
Price:Par
Call:Bermuda call beginning Oct. 23
Pricing date:March 24
Settlement date:April 23
Underwriters:BMO Capital Markets Corp. and Finacorp Securities
Cusip:3134G6QC0

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