Published on 4/20/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million 4.5-year callable one time at one year step up notes at 1.25% initial rate
New York, April 20 - Freddie Mac priced $25 million of 1.25% initial rate 4.5-year callable one time at one year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on Nov. 10, 2021 and are callable one time on May 10, 2018.
AAM Capital Markets Group and Merrill Lynch Pierce Fenner & Smith are the managers.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $25 million
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Maturity: | Nov. 10, 2021
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Coupon: | 1.25% from May 10, 2.35% from May 10, 2018
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Price: | Par
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Call: | One time on May 10, 2018
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Pricing date: | April 19
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Settlement date: | May 10
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Underwriters: | AAM Capital Markets Group and Merrill Lynch Pierce Fenner & Smith
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Cusip: | 3134GBJV5
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