New Issue: Freddie Mac prices $10 million 13-year non-call 0.5-year step up notes at 1.50% initial rate

New York, June 29 - Freddie Mac priced $10 million of 1.50% initial rate 13-year non-call 0.5-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on July 27, 2029 and have a Bermuda call beginning Jan. 27, 2017.

Multi-Bank Securities Inc. is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$10 million
Maturity:	July 27, 2029
Coupon:	1.50% from July 27, 2.00% from July 27, 2019, 2.50% from July 27, 2021, 3.25% from July 27, 2023, 4.00% from July 27, 2025, 5.00% from July 27, 2026, 6.00% from July 27, 2027, 7.00% from July 27, 2028
Price:	Par
Call:	Bermuda call beginning Jan. 27, 2017
Pricing date:	June 28
Settlement date:	July 27
Underwriter:	Multi-Bank Securities Inc.
Cusip:	3134G9G92

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