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Published on 5/5/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac prices $25 million five-year non-call 0.5-year step up notes at 1.50% initial rate

New York, May 5 - Freddie Mac priced $25 million of 1.50% 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 May 24, 2022 and have a Bermuda call beginning Nov. 24.

Suntrust Robinson Humphrey Inc. is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:May 24, 2022
Coupon:1.50% from May 24, 2019, 1.75% from May 24, 2018, 2.125% from Nov. 24, 4.125% from Aug. 24, 4.25% from May 24
Price:Par
Call:Bermuda call beginning Nov. 24
Pricing date:May 3
Settlement date:May 24
Underwriter:Suntrust Robinson Humphrey Inc.
Cusip:3134GBNR9

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