Published on 4/24/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $15 million five-year callable one time at 0.75 year step up notes at 1.20% initial rate
New York, April 24 - Freddie Mac priced $15 million of 1.20% initial rate five-year callable one time at 0.75 year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on May 26, 2022 and are callable one time on Feb. 26, 2018.
Finacorp Securities is the manager.
| Issuer: | Freddie Mac
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| Issue: | Step up medium-term notes
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| Amount: | $15 million
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| Maturity: | May 26, 2022
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| Coupon: | 1.20% from May 26, 2.75% from Feb. 26, 2018
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| Price: | Par
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| Call: | One time on Feb. 26, 2018
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| Pricing date: | April 21
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| Settlement date: | May 26
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| Underwriter: | Finacorp Securities
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| Cusip: | 3134GBLH3
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