New Issue: Freddie Mac prices $25 million three-year non-call 0.5-year step up notes at 0.75% initial rate

New York, March 31 - Freddie Mac priced $25 million of 0.75% initial rate three-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 April 26, 2019 and have a Bermuda call beginning Oct. 26.

Jefferies & Co. Inc. and Guggenheim are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	April 26, 2019
Coupon:	0.75% from April 26, 0.875% from Oct. 26, 1.00% from Jan. 26, 2017, 1.25% from April 26, 2017, 1.50% from July 26, 2017, 1.75% from Oct. 26, 2017, 2.00% from Jan. 26, 2018, 2.25% from April 26, 2018, 2.50% from July 26, 2018, 2.75% from Oct. 26, 2018, 3.00% from Jan. 26, 2019
Price:	Par
Call:	Bermuda call beginning Oct. 26
Pricing date:	March 30
Settlement date:	April 26
Underwriters:	Jefferies & Co. Inc. and Guggenheim
Cusip:	3134G8WL9

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