New Issue: Freddie Mac prices $25 million two-year non-call 0.25-year step up notes at 0.75% initial rate

New York, May 11 - Freddie Mac priced $25 million of 0.75% initial rate two-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 25, 2018 and have a Bermuda call beginning Aug. 25.

First Tennessee Bank NA Memphis is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	May 25, 2018
Coupon:	0.75% from May 25, 1.00% from May 25, 2017, 2.00% from Nov. 25, 2017, 3.00% from Feb. 25, 2018
Price:	Par
Call:	Bermuda call beginning Aug. 25
Pricing date:	May 10
Settlement date:	May 25
Underwriter:	First Tennessee Bank NA Memphis
Cusip:	3134G9KK2

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