New Issue: Freddie Mac prices $25 million five-year non-call 0.25-year step up notes at 1.40% initial rate

New York, Oct. 3 - Freddie Mac priced $25 million of 1.40% 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 Oct. 26, 2022 and have a Bermuda call beginning Jan. 26, 2018.

KGS Alpha Capital Markets LP is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	Oct. 26, 2022
Coupon:	1.40% from Oct. 26, 1.75% from April 26, 2018, 2.25% from Oct. 26, 2018, 2.75% from April 26, 2019, 3.25% from Oct. 26, 2019, 3.75% from April 26, 2020, 4.25% from Oct. 26, 2020, 4.75% from April 26, 2021, 5.25% from Oct. 26, 2021, 5.75% from April 26, 2022
Price:	Par
Call:	Bermuda call beginning Jan. 26, 2018
Pricing date:	Sept. 29
Settlement date:	Oct. 26
Underwriter:	KGS Alpha Capital Markets LP
Cusip:	3134GBQ47

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