Published on 7/6/2015 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 0.80% initial rate
New York, July 6 - Freddie Mac priced $100 million of 0.80% 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 July 23, 2018 and have a Bermuda call beginning Oct. 23.
BNY Mellon Capital Markets LLC is the manager.
| Issuer: | Freddie Mac
|
| Issue: | Step up medium-term notes
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| Amount: | $100 million
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| Maturity: | July 23, 2018
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| Coupon: | 0.80% from July 23, 1.00% from Jan. 23, 2016, 1.25% from July 23, 2016, 1.625% from Jan. 23, 2017, 3.00% from July 23, 2017
|
| Price: | Par
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| Call: | Bermuda call beginning Oct. 23
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| Pricing date: | July 1
|
| Settlement date: | July 23
|
| Underwriter: | BNY Mellon Capital Markets LLC
|
| Cusip: | 3134G7HS3
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