New Issue: Freddie Mac prices $15 million five-year non-call 0.5-year step up notes at 1.50% initial rate

New York, May 23 - Freddie Mac priced $15 million of 1.50% initial rate five-year non-call 0.5-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on June 13, 2022 and have a Bermuda call beginning Dec. 13.

Wells Fargo Securities is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$15 million
Maturity:	June 13, 2022
Coupon:	1.50% from June 13, 1.60% from Dec. 13, 1.75% from June 13, 2018, 2.00% from Dec. 13, 2018, 2.25% from June 13, 2019, 2.50% from Dec. 13, 2019, 2.75% from June 13, 2020, 3.00% from Dec. 13, 2020, 4.00% from June 13, 2021, 5.00% from Dec. 13, 2021
Price:	Par
Call:	Bermuda call beginning Dec. 13
Pricing date:	May 19
Settlement date:	June 13
Underwriter:	Wells Fargo Securities
Cusip:	3134GBRS3

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