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Published on 5/2/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million 10-year non-call 0.25-year step up notes at 2.00% initial rate

New York, May 2 - Freddie Mac priced $25 million of 2.00% initial rate 10-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on May 26, 2026 and have a Bermuda call beginning Aug. 26.

Suntrust Robinson Humphrey Inc. and Incapital are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:May 26, 2026
Coupon:2.00% from May 26, 2.25% from Nov. 26, 2019, 2.50% from Nov. 26, 2021, 3.00% from May 26, 2023, 3.50% from May 26, 2024, 4.50% from Nov. 26, 2024, 6.50% from May 26, 2025, 8.50% from Nov. 26, 2025
Price:Par
Call:Bermuda call beginning Aug. 26
Pricing date:April 29
Settlement date:May 26
Underwriters:Suntrust Robinson Humphrey Inc. and Incapital
Cusip:3134G9GY7

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