Published on 3/29/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $21 million six-year non-call one-year step up notes at 2.00% initial rate
New York, March 29 - Freddie Mac priced $21 million of 2.00% initial rate six-year non-call one-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on April 20, 2023 and have a Bermuda call beginning April 20, 2018.
Cantor Fitzgerald is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $21 million
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Maturity: | April 20, 2023
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Coupon: | 2.00% from April 20, 2.50% from April 20, 2019, 3.00% from April 20, 2021
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Price: | Par
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Call: | Bermuda call beginning April 20, 2018
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Pricing date: | March 28
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Settlement date: | April 20
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Underwriter: | Cantor Fitzgerald
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Cusip: | 3134GBEM0
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