New Issue: Freddie Mac prices $25 million seven-year non-call 0.25-year step up notes at 1.25% initial rate

New York, Oct. 21 - Freddie Mac priced $25 million of 1.25% initial rate seven-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 Nov. 18, 2022 and have a Bermuda call beginning Feb. 18, 2016.

Morgan Stanley & Co. Inc. and Raymond James & Associates Inc. are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Nov. 18, 2022
Coupon:	1.25% from Nov. 18, 2.00% from Nov. 18, 2017, 3.00% from Nov. 18, 2019, 3.50% from Nov. 18, 2020, 5.00% from Nov. 18, 2021
Price:	Par
Call:	Bermuda call beginning Feb. 18, 2016
Pricing date:	Oct. 19
Settlement date:	Nov. 18
Underwriters:	Morgan Stanley & Co. Inc. and Raymond James & Associates Inc.
Cusip:	3134G73N9

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