New Issue: Freddie Mac adds on $25 million five-year non-call 0.25-year step up notes at 1.70% initial rate

New York, Aug. 25 - Freddie Mac added on $25 million of 1.70% 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 Aug. 28, 2019 and have a Bermuda call beginning Nov. 28.

Morgan Stanley & Co. Inc., Incapital and Finacorp Securities are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Aug. 28, 2019
Coupon:	1.70% from Aug. 28, 2.00% from Aug. 28, 2017, 2.50% from Aug. 28, 2018, 3.50% from Feb. 28, 2019
Price:	Par
Call:	Bermuda call beginning Nov. 28
Pricing date:	Aug. 19
Settlement date:	Aug. 28
Underwriters:	Morgan Stanley & Co. Inc., Incapital and Finacorp Securities
Cusip:	3134G5GM1

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