New Issue: Freddie Mac prices $25 million 3.25-year non-call 0.25-year step up notes at 1.00% initial rate

New York, July 22 - Freddie Mac priced $25 million of 1.00% initial rate 3.25-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 Nov. 27, 2018 and have a Bermuda call beginning Nov. 27.

Multi-Bank Securities Inc., Finacorp Securities and Pierpont Securities LLC are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Nov. 27, 2018
Coupon:	1.00% from Aug. 27, 1.25% from Nov. 27, 2016, 1.50% from May 27, 2017, 1.75% from Aug. 27, 2017, 2.00% from Nov. 27, 2017, 2.50% from Feb. 27, 2018, 3.00% from May 27, 2018, 4.00% from Aug. 27, 2018
Price:	Par
Call:	Bermuda call beginning Nov. 27
Pricing date:	July 21
Settlement date:	Aug. 27
Underwriters:	Multi-Bank Securities Inc., Finacorp Securities and Pierpont Securities LLC
Cusip:	3134G7NN7

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