Published on 3/10/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year callable one time at 0.5 year step up notes at 0.65% initial rate
New York, March 10 - Freddie Mac priced $25 million of 0.65% initial rate five-year callable one time at 0.5 year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on April 21, 2021 and are callable one time on Oct. 21.
Stifel Nicolaus is the manager.
| Issuer: | Freddie Mac
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| Issue: | Step up medium-term notes
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| Amount: | $25 million
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| Maturity: | April 21, 2021
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| Coupon: | 0.65% from April 21, 2.50% from Oct. 21
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| Price: | Par
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| Call: | One time on Oct. 21
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| Pricing date: | March 9
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| Settlement date: | April 21
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| Underwriter: | Stifel Nicolaus
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| Cusip: | 3134G8RF8
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