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Published on 1/28/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $100 million two-year non-call 0.25-year step up notes at 0.625% initial rate

New York, Jan. 28 - Freddie Mac added on $100 million of 0.625% initial rate two-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 Feb. 19, 2013 and have a Bermuda call beginning May 19.

UBS AG and Jefferies & Co. Inc. are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$100 million
Maturity:Feb. 19, 2013
Coupon:0.625% from Feb. 18, 0.875% from Aug. 19, 1% from Feb. 19, 2012, 1.5% from Aug. 19, 2012
Price:Par
Call:Bermuda call beginning May 19
Pricing date:Jan. 27
Settlement date:Feb. 18
Underwriters:UBS AG and Jefferies & Co. Inc.
Cusip:3134G12P8

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