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Published on 4/6/2018 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million five-year non-call 0.5-year step up notes at 2.00% initial rate

New York, April 6 - Freddie Mac priced $25 million of 2.00% 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 April 26, 2023 and have a Bermuda call beginning Oct. 26.

Suntrust Robinson Humphrey Inc. is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:April 26, 2023
Coupon:2.00% from April 26, 2021, 2.50% from Oct. 26, 2019, 3.00% from Oct. 26, 4.00% from July 26, 6.00% from April 26
Price:Par
Call:Bermuda call beginning Oct. 26
Pricing date:April 5
Settlement date:April 26
Underwriter:Suntrust Robinson Humphrey Inc.
Cusip:3134GSJM8

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