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Published on 6/3/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $250 million three-year non-call 0.25-year step up global medium-term notes at 1.00% initial rate

New York, June 3 - Freddie Mac priced $250 million of 1.00% initial rate three-year non-call 0.25-year step up global medium-term notes at par, according to the agency's web site.

The bonds will mature on June 28, 2019 and have a Bermuda call beginning Sept. 28.

TD Securities (USA) LLC is the manager.

Issuer:Freddie Mac
Issue:Step up global medium-term notes
Amount:$250 million
Maturity:June 28, 2019
Coupon:1.00% from June 28, 1.125% from Dec. 28, 1.25% from March 28, 2017, 1.375% from June 28, 2017, 1.50% from Sept. 28, 2017, 1.625% from Dec. 28, 2017, 1.75% from March 28, 2018, 2.00% from June 28, 2018, 2.50% from Sept. 28, 2018, 2.75% from Dec. 28, 2018, 3.00% from March 28, 2019
Price:Par
Call:Bermuda call beginning Sept. 28
Pricing date:June 2
Settlement date:June 28
Underwriter:TD Securities (USA) LLC
Cusip:3134G9TU1

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