New Issue: Freddie Mac prices $15 million five-year non-call 0.5-year step up notes at 1.00% initial rate

New York, June 20 - Freddie Mac priced $15 million of 1.00% initial rate five-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 June 30, 2021 and have a Bermuda call beginning Dec. 30.

Pierpont Securities LLC is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$15 million
Maturity:	June 30, 2021
Coupon:	1.00% from June 30, 1.125% from June 30, 2017, 1.25% from Dec. 30, 2017, 1.50% from June 30, 2018, 1.75% from Dec. 30, 2018, 2.00% from June 30, 2019, 2.50% from Dec. 30, 2019, 3.50% from June 30, 2020, 5.00% from Dec. 30, 2020
Price:	Par
Call:	Bermuda call beginning Dec. 30
Pricing date:	June 16
Settlement date:	June 30
Underwriter:	Pierpont Securities LLC
Cusip:	3134G9WY9

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