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Published on 4/23/2018 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million five-year non-call 0.25-year step up notes at 3.00% initial rate

New York, April 23 - Freddie Mac priced $25 million of 3.00% initial rate five-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on May 17, 2023 and have a Bermuda call beginning Aug. 17.

Suntrust Robinson Humphrey Inc. and Pierpont Securities LLC are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:May 17, 2023
Coupon:3.00% from May 17, 3.25% from May 17, 2021, 3.75% from May 17, 2022, 4.50% from Nov. 17, 2022
Price:Par
Call:Bermuda call beginning Aug. 17
Pricing date:April 20
Settlement date:May 17
Underwriters:Suntrust Robinson Humphrey Inc. and Pierpont Securities LLC
Cusip:3134GSKW4

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