New Issue: Freddie Mac prices $25 million five-year non-call 0.5-year step up notes at 1.50% initial rate

New York, May 24 - Freddie Mac priced $25 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 15, 2022 and have a Bermuda call beginning Dec. 15.

Suntrust Robinson Humphrey Inc. and Stifel Nicolaus are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	June 15, 2022
Coupon:	1.50% from June 15, 1.75% from Dec. 15, 1.875% from June 15, 2018, 2.00% from Dec. 15, 2018, 2.25% from June 15, 2019, 2.50% from Dec. 15, 2019, 2.75% from June 15, 2020, 3.00% from Dec. 15, 2020, 3.25% from June 15, 2021, 3.50% from Dec. 15, 2021
Price:	Par
Call:	Bermuda call beginning Dec. 15
Pricing date:	May 22
Settlement date:	June 15
Underwriters:	Suntrust Robinson Humphrey Inc. and Stifel Nicolaus
Cusip:	3134GBRW4

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