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Published on 4/8/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million two-year non-call 0.5-year step up notes at 0.625% initial rate

New York, April 8 - Freddie Mac priced $25 million of 0.625% initial rate two-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 27, 2018 and have a Bermuda call beginning Oct. 27.

Stifel Nicolaus and Wells Fargo Securities are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:April 27, 2018
Coupon:0.625% from April 27, 0.875% from Oct. 27, 1.50% from April 27, 2017, 2.00% from Oct. 27, 2017
Price:Par
Call:Bermuda call beginning Oct. 27
Pricing date:April 6
Settlement date:April 27
Underwriters:Stifel Nicolaus and Wells Fargo Securities
Cusip:3134G8YX1

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