New Issue: Freddie Mac prices $25 million seven-year non-call 0.25-year step up notes at 1.25% initial rate

New York, July 27 - Freddie Mac priced $25 million of 1.25% initial rate seven-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 Aug. 23, 2023 and have a Bermuda call beginning Nov. 23.

Suntrust Robinson Humphrey Inc. and Stifel Nicolaus are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Aug. 23, 2023
Coupon:	1.25% from Aug. 23, 1.50% from Aug. 23, 2017, 1.75% from Aug. 23, 2018, 2.00% from Aug. 23, 2019, 3.00% from Aug. 23, 2020, 4.00% from Aug. 23, 2021, 5.00% from Aug. 23, 2022
Price:	Par
Call:	Bermuda call beginning Nov. 23
Pricing date:	July 25
Settlement date:	Aug. 23
Underwriters:	Suntrust Robinson Humphrey Inc. and Stifel Nicolaus
Cusip:	3134G93X3

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