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Published on 9/25/2013 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 1.5% initial rate

New York, Sept. 25 - Freddie Mac priced $25 million of 1.5% 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 Oct. 23, 2018 and have a Bermuda call beginning April 23, 2014.

Stifel Nicolaus and Jefferies & Co. Inc. are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:Oct. 23, 2018
Coupon:1.5% from Oct. 23, 2% from Oct. 23, 2015, 2.5% from Oct. 23, 2016, 3% from Oct. 23, 2017
Price:Par
Call:Bermuda call beginning April 23, 2014
Pricing date:Sept. 24
Settlement date:Oct. 23
Underwriters:Stifel Nicolaus and Jefferies & Co. Inc.
Cusip:3134G4H92

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