Published on 5/4/2015 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 1.55% initial rate
New York, May 4 - Freddie Mac priced $25 million of 1.55% 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 28, 2020 and have a Bermuda call beginning Aug. 28.
Suntrust Robinson Humphrey Inc. is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $25 million
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Maturity: | May 28, 2020
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Coupon: | 1.55% from May 28, 1.75% from May 28, 2016, 2.00% from May 28, 2017, 2.25% from May 28, 2018, 3.00% from May 28, 2019
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Price: | Par
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Call: | Bermuda call beginning Aug. 28
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Pricing date: | May 1
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Settlement date: | May 28
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Underwriter: | Suntrust Robinson Humphrey Inc.
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Cusip: | 3134G6F99
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