New Issue: Freddie Mac prices $25 million five-year callable one time at one year step up notes at 1.00% initial rate

New York, March 23 - Freddie Mac priced $25 million of 1.00% initial rate five-year callable one time at one year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on March 30, 2021 and are callable one time on March 30, 2017.

First Tennessee Bank NA Memphis, Raymond James & Associates Inc. and Vining Sparks are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	March 30, 2021
Coupon:	1.00% from March 30, 2.00% from March 30, 2017
Price:	Par
Call:	One time on March 30, 2017
Pricing date:	March 18
Settlement date:	March 30
Underwriters:	First Tennessee Bank NA Memphis, Raymond James & Associates Inc. and Vining Sparks
Cusip:	3134G8TM1

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