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Published on 4/20/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million 7.5-year non-call 0.5-year step up notes at 1.75% initial rate

New York, April 20 - Freddie Mac priced $25 million of 1.75% initial rate 7.5-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 Oct. 27, 2023 and have a Bermuda call beginning Oct. 27.

Finacorp Securities, Suntrust Robinson Humphrey Inc. and Incapital are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:Oct. 27, 2023
Coupon:1.75% from April 27, 2.00% from Oct. 27, 2019, 2.50% from April 27, 2021, 3.00% from April 27, 2022, 4.00% from Oct. 27, 2022, 6.00% from April 27, 2023
Price:Par
Call:Bermuda call beginning Oct. 27
Pricing date:April 19
Settlement date:April 27
Underwriters:Finacorp Securities, Suntrust Robinson Humphrey Inc. and Incapital
Cusip:3134G9CT2

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