New Issue: Freddie Mac prices $25 million eight-year non-call 0.5-year step up notes at 1.50% initial rate

New York, April 20 - Freddie Mac priced $25 million of 1.50% initial rate eight-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, 2024 and have a Bermuda call beginning Oct. 26.

Stifel Nicolaus and Finacorp Securities are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	April 26, 2024
Coupon:	1.50% from April 26, 2.00% from Oct. 26, 2018, 3.00% from Oct. 26, 2020, 4.00% from Oct. 26, 2022, 5.00% from April 26, 2023, 6.00% from Oct. 26, 2023
Price:	Par
Call:	Bermuda call beginning Oct. 26
Pricing date:	April 19
Settlement date:	April 26
Underwriters:	Stifel Nicolaus and Finacorp Securities
Cusip:	3134G8ZT9

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