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Published on 3/23/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million five-year callable one time at 0.75 year step up notes at 0.70% initial rate

New York, March 23 - Freddie Mac priced $25 million of 0.70% initial rate five-year callable one time at 0.75 year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on April 19, 2021 and are callable one time on Jan. 19, 2017.

Wells Fargo Securities is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:April 19, 2021
Coupon:0.70% from April 19, 2.70% from Jan. 19, 2017
Price:Par
Call:One time on Jan. 19, 2017
Pricing date:March 21
Settlement date:April 19
Underwriter:Wells Fargo Securities
Cusip:3134G8U64

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