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Published on 6/24/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million four-year non-call 0.5-year step up notes at 1.00% initial rate

New York, June 24 - Freddie Mac priced $25 million of 1.00% initial rate four-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 July 22, 2019 and have a Bermuda call beginning Jan. 22, 2016.

Jefferies & Co. Inc. and BNY Mellon Capital Markets LLC are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:July 22, 2019
Coupon:1.00% from July 22, 1.25% from Jan. 22, 2016, 1.50% from July 22, 2016, 1.75% from Jan. 22, 2017, 2.00% from July 22, 2017, 2.25% from Jan. 22, 2018, 2.50% from July 22, 2018, 2.75% from Jan. 22, 2019
Price:Par
Call:Bermuda call beginning Jan. 22, 2016
Pricing date:June 23
Settlement date:July 22
Underwriters:Jefferies & Co. Inc. and BNY Mellon Capital Markets LLC
Cusip:3134G7FB2

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