Published on 4/28/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $50 million two-year callable one time at 0.5 year step up notes at 0.80% initial rate
New York, April 28 - Freddie Mac priced $50 million of 0.80% initial rate two-year callable one time at 0.5 year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on May 25, 2018 and are callable one time on Nov. 25.
Jefferies & Co. Inc. is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $50 million
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Maturity: | May 25, 2018
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Coupon: | 0.80% from May 25, 1.25% from Nov. 25
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Price: | Par
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Call: | One time on Nov. 25
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Pricing date: | April 27
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Settlement date: | May 25
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Underwriter: | Jefferies & Co. Inc.
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Cusip: | 3134G9GG6
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