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

New York, June 26 - Freddie Mac priced $15 million of 1.50% initial rate eight-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 July 18, 2025 and have a Bermuda call beginning Jan. 18, 2018.

Multi-Bank Securities Inc. is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$15 million
Maturity:	July 18, 2025
Coupon:	1.50% from July 18, 2.00% from Jan. 18, 2019, 3.00% from July 18, 2020, 4.00% from July 18, 2022, 5.00% from July 18, 2024
Price:	Par
Call:	Bermuda call beginning Jan. 18, 2018
Pricing date:	June 22
Settlement date:	July 18
Underwriter:	Multi-Bank Securities Inc.
Cusip:	3134GBWA6

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