New Issue: Freddie Mac prices $25 million three-year non-call 0.25-year step up notes at 0.875% initial rate

New York, Aug. 25 - Freddie Mac priced $25 million of 0.875% initial rate three-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 Sept. 23, 2019 and have a Bermuda call beginning Dec. 23.

Jefferies & Co. Inc. and Wells Fargo Securities are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Sept. 23, 2019
Coupon:	0.875% from Sept. 23, 1.00% from March 23, 2017, 1.50% from Sept. 23, 2017, 1.75% from March 23, 2018, 2.00% from Sept. 23, 2018, 2.50% from March 23, 2019
Price:	Par
Call:	Bermuda call beginning Dec. 23
Pricing date:	Aug. 23
Settlement date:	Sept. 23
Underwriters:	Jefferies & Co. Inc. and Wells Fargo Securities
Cusip:	3134GAHB3

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