New Issue: Freddie Mac prices $25 million 4.5-year non-call 0.5-year step up notes at 1.00% initial rate

New York, April 21 - Freddie Mac priced $25 million of 1.00% initial rate 4.5-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 Nov. 18, 2020 and have a Bermuda call beginning Nov. 18.

Piper Jaffray & Co., Blaylock Robert VAN LLC and Robert W. Baird & Co. Inc. are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Nov. 18, 2020
Coupon:	1.00% from May 18, 1.50% from May 18, 2017, 2.00% from May 18, 2018, 2.50% from May 18, 2019, 3.00% from Nov. 18, 2019, 4.00% from May 18, 2020
Price:	Par
Call:	Bermuda call beginning Nov. 18
Pricing date:	April 20
Settlement date:	May 18
Underwriters:	Piper Jaffray & Co., Blaylock Robert VAN LLC and Robert W. Baird & Co. Inc.
Cusip:	3134G9DE4

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