New Issue: Freddie Mac prices $100 million 3.25-year non-call 0.5-year step up notes at 0.75% initial rate

New York, July 31 - Freddie Mac priced $100 million of 0.75% initial rate 3.25-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 Oct. 26, 2018 and have a Bermuda call beginning Feb. 26, 2016.

Castleoak Securities LP is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$100 million
Maturity:	Oct. 26, 2018
Coupon:	0.75% from Aug. 26, 1.25% from Feb. 26, 2016, 1.50% from Aug. 26, 2016, 1.75% from Feb. 26, 2017, 1.75% from Feb. 27, 2017, 2.25% from Aug. 26, 2017, 2.25% from Aug. 28, 2017, 2.75% from Feb. 26, 2018, 3.25% from Aug. 27, 2018, 3.25% from Aug. 26, 2018
Price:	Par
Call:	Bermuda call beginning Feb. 26, 2016
Pricing date:	July 30
Settlement date:	Aug. 26
Underwriter:	Castleoak Securities LP
Cusip:	3134G7QG9

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