New Issue: Freddie Mac prices $25 million four-year non-call 0.5-year step up notes at 1.00% initial rate

New York, May 2 - Freddie Mac priced $25 million of 1.00% initial rate four-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 May 28, 2020 and have a Bermuda call beginning Nov. 28.

Suntrust Robinson Humphrey Inc., Piper Jaffray & Co. and Incapital are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	May 28, 2020
Coupon:	1.00% from May 27, 1.50% from May 28, 2017, 2.00% from May 28, 2018, 3.00% from May 28, 2019, 4.50% from Nov. 28, 2019
Price:	Par
Call:	Bermuda call beginning Nov. 28
Pricing date:	April 29
Settlement date:	May 27
Underwriters:	Suntrust Robinson Humphrey Inc., Piper Jaffray & Co. and Incapital
Cusip:	3134G9HE0

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