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Published on 5/21/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $100 million three-year non-call 0.25-year step up notes at 0.75% initial rate

New York, May 21 - Freddie Mac priced $100 million of 0.75% 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 15, 2018 and have a Bermuda call beginning Sept. 15.

TD Securities (USA) LLC is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$100 million
Maturity:June 15, 2018
Coupon:0.75% from June 15, 1.00% from March 15, 2016, 1.25% from June 15, 2016, 1.50% from Sept. 15, 2016, 1.75% from Dec. 15, 2016, 2.00% from March 15, 2017, 2.25% from June 15, 2017, 2.50% from Sept. 15, 2017, 2.75% from Dec. 15, 2017, 3.00% from March 15, 2018
Price:Par
Call:Bermuda call beginning Sept. 15
Pricing date:May 19
Settlement date:June 15
Underwriter:TD Securities (USA) LLC
Cusip:3134G6W82

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