New Issue: Freddie Mac prices $25 million three-year non-call 0.25-year step up notes at 0.50% initial rate

New York, May 7 - Freddie Mac priced $25 million of 0.50% initial rate three-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 25, 2018 and have a Bermuda call beginning Aug. 25.

BNY Mellon Capital Markets LLC and Vining Sparks are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	May 25, 2018
Coupon:	0.50% from May 26, 0.75% from Nov. 25, 1.00% from Feb. 25, 2016, 1.25% from May 25, 2016, 1.50% from Aug. 25, 2016, 1.75% from Nov. 25, 2016, 2.00% from Feb. 25, 2017, 2.25% from May 25, 2017, 2.50% from Aug. 25, 2017, 2.75% from Nov. 25, 2017, 3.00% from Feb. 25, 2018
Price:	Par
Call:	Bermuda call beginning Aug. 25
Pricing date:	May 5
Settlement date:	May 26
Underwriters:	BNY Mellon Capital Markets LLC and Vining Sparks
Cusip:	3134G6J38

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