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Published on 5/23/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million three-year callable one time at one year step up notes at 0.875% initial rate

New York, May 23 - Freddie Mac priced $25 million of 0.875% initial rate three-year callable one time at one year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on June 14, 2019 and are callable one time on June 14, 2017.

Jefferies & Co. Inc. and Guggenheim are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:June 14, 2019
Coupon:0.875% from June 14, 1.75% from June 14, 2017
Price:Par
Call:One time on June 14, 2017
Pricing date:May 19
Settlement date:June 14
Underwriters:Jefferies & Co. Inc. and Guggenheim
Cusip:3134G9QN0

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