New Issue: Freddie Mac prices $100 million eight-year non-call 0.5-year step up notes at 2% initial rate

New York, Sept. 29 - Freddie Mac priced $100 million of 2% 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 Oct. 25, 2019 and have a Bermuda call beginning April 25, 2012.

Barclays Capital Inc. is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$100 million
Maturity:	Oct. 25, 2019
Coupon:	2% from Oct. 25, 2.25% from Oct. 25, 2014, 2.5% from Oct. 25, 2016, 3% from April 25, 2018, 4% from Oct. 25, 2018, 6% from April 25, 2019
Price:	Par
Call:	Bermuda call beginning April 25, 2012
Pricing date:	Sept. 28
Settlement date:	Oct. 25
Underwriter:	Barclays Capital Inc.
Cusip:	3134G2W81

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