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Published on 1/20/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $100 million five-year non-call 0.25-year step up notes at 1.50% initial rate

New York, Jan. 20 - Freddie Mac added on $100 million of 1.50% initial rate five-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 Jan. 28, 2022 and have a Bermuda call beginning April 28.

First Tennessee Bank NA Memphis, Raymond James & Associates Inc. and Vining Sparks are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$100 million
Maturity:Jan. 28, 2022
Coupon:1.50% from Jan. 30, 1.75% from July 28, 2.00% from Jan. 28, 2018, 2.25% from July 28, 2018, 2.50% from Jan. 28, 2019, 2.75% from July 28, 2019, 3.00% from Jan. 28, 2020, 3.50% from July 28, 2020, 4.00% from Jan. 28, 2021, 4.50% from July 28, 2021
Price:Par
Call:Bermuda call beginning April 28
Pricing date:Jan. 19
Settlement date:Jan. 30
Underwriters:First Tennessee Bank NA Memphis, Raymond James & Associates Inc. and Vining Sparks
Cusip:3134GAV27

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