New Issue: Freddie Mac prices $100 million three-year non-call 0.25-year step up notes at 0.50% initial rate

New York, May 20 - Freddie Mac priced $100 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 June 11, 2018 and have a Bermuda call beginning Sept. 11.

RBC Capital Markets Corp. is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$100 million
Maturity:	June 11, 2018
Coupon:	0.50% from June 11, 0.75% from Dec. 11, 1.00% from March 11, 2016, 1.25% from June 11, 2016, 1.50% from Sept. 11, 2016, 1.75% from Dec. 11, 2016, 2.00% from March 11, 2017, 2.25% from June 11, 2017, 2.50% from Sept. 11, 2017, 2.75% from Dec. 11, 2017, 3.00% from March 11, 2018
Price:	Par
Call:	Bermuda call beginning Sept. 11
Pricing date:	May 18
Settlement date:	June 11
Underwriter:	RBC Capital Markets Corp.
Cusip:	3134G6U27

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