Published on 4/8/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million 3.75-year callable one time at 0.75 year step up notes at 0.75% initial rate
New York, April 8 - Freddie Mac priced $25 million of 0.75% initial rate 3.75-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 Jan. 27, 2020 and are callable one time on Jan. 27, 2017.
First Tennessee Bank NA Memphis 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: | Jan. 27, 2020
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Coupon: | 0.75% from April 27, 1.75% from Jan. 27, 2017
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Price: | Par
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Call: | One time on Jan. 27, 2017
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Pricing date: | April 7
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Settlement date: | April 27
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Underwriter: | First Tennessee Bank NA Memphis
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Cusip: | 3134G8Z77
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