New Issue: Freddie Mac prices $25 million four-year callable one time at 0.75 year step up notes at 0.85% initial rate

New York, May 23 - Freddie Mac priced $25 million of 0.85% initial rate four-year callable one time at 0.75 year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on June 24, 2020 and are callable one time on March 24, 2017.

BB&T Capital Markets and RBC Capital Markets Corp. are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	June 24, 2020
Coupon:	0.85% from June 24, 2.00% from March 24, 2017
Price:	Par
Call:	One time on March 24, 2017
Pricing date:	May 19
Settlement date:	June 24
Underwriters:	BB&T Capital Markets and RBC Capital Markets Corp.
Cusip:	3134G9QQ3

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