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Published on 6/9/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $25 million five-year non-call 0.25-year step up notes at 1.50% initial rate

New York, June 9 - Freddie Mac added on $25 million of 1.50% 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 June 30, 2021 and have a Bermuda call beginning Sept. 30.

RBC Capital Markets Corp. and Jefferies & Co. Inc. are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:June 30, 2021
Coupon:1.50% from June 30, 1.625% from June 30, 2019, 1.75% from Dec. 30, 2019, 2.00% from June 30, 2020, 3.00% from Dec. 30, 2020
Price:Par
Call:Bermuda call beginning Sept. 30
Pricing date:June 8
Settlement date:June 30
Underwriters:RBC Capital Markets Corp. and Jefferies & Co. Inc.
Cusip:3134G9UM7

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