New Issue: Freddie Mac prices $300 million five-year non-call one-year step up global medium-term notes at 1.625% initial rate

New York, April 28 - Freddie Mac priced $300 million of 1.625% initial rate five-year non-call one-year step up global medium-term notes at par, according to the agency's web site.

The bonds will mature on May 25, 2022 and have a Bermuda call beginning May 25, 2018.

Cantor Fitzgerald is the manager.

Issuer:	Freddie Mac
Issue:	Step up global medium-term notes
Amount:	$300 million
Maturity:	May 25, 2022
Coupon:	1.625% from May 25, 1.75% from May 25, 2018, 1.875% from Aug. 25, 2018, 2.00% from Nov. 25, 2018, 2.125% from Feb. 25, 2019, 2.25% from May 25, 2019, 2.375% from Aug. 25, 2019, 2.50% from Nov. 25, 2019, 2.625% from Feb. 25, 2020, 2.75% from May 25, 2020, 2.875% from Aug. 25, 2020, 3.00% from Nov. 25, 2020, 3.125% from Feb. 25, 2021, 3.25% from May 25, 2021, 3.50% from Aug. 25, 2021, 4.50% from Nov. 25, 2021, 4.75% from Feb. 25, 2022
Price:	Par
Call:	Bermuda call beginning May 25, 2018
Pricing date:	April 27
Settlement date:	May 25
Underwriter:	Cantor Fitzgerald
Cusip:	3134GBNB4

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