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Published on 3/9/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $25 million two-year non-call 0.5-year step up notes at 0.75% initial rate

New York, March 9 - Freddie Mac priced a $25 million add on to its 0.75% initial rate two-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 March 29, 2018 and have a Bermuda call beginning Sept. 29.

BNY Mellon Capital Markets LLC, Wells Fargo Securities and Vining Sparks are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:March 29, 2018
Coupon:0.75% from March 29, 1.00% from Sept. 29, 1.50% from March 29, 2017, 2.00% from Sept. 29, 2017
Price:Par
Call:Bermuda call beginning Sept. 29
Pricing date:March 8
Settlement date:March 29
Underwriters:BNY Mellon Capital Markets LLC, Wells Fargo Securities and Vining Sparks
Cusip:3134G8QC6

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